Portfolios

Create a New Portfolio

There are five ways you can create a portfolio from scratch. Each method is outlined below. You can also create a portfolio by importing a CSV file or by connecting your brokerage house. Importing a CSV file is discussed in the section that follows. To learn about connecting your Stock Rover portfolio to your brokerage account, see our Brokerage Help.

The five ways to create a new portfolio from scratch they are with the Portfolio manager, by trading a stock in the Table, by saving the Table as a portfolio, by saving all tickers with the same tag as a portfolio, or in the dashboard.

Every time you create a portfolio, you will have the option of selecting a start date for the portfolio, which will allow the Portfolio Analysis facility to track your portfolio’s performance. Note that Essentials members can only track simple portfolios without history (portfolios that are simply a list of current positions), while Premium and Premium Plus members can add or import a history or portfolio positions or trades.

#1 With the Portfolio Manager

There are a couple ways to reach the Portfolio Manager, one way is to select Portfolios in the grey selector menu and then right-click on ‘Portfolios’ in the Navigation panel and select ‘Create Portfolio’.

portfolio

The other option is with the portfolio selected, go to the Actions Menu at the top of the table and then select ‘Create Portfolio’.

portfolio

You will be prompted to either enter positions for your portfolio, to import a portfolio, or connect to your brokerage. Click the ‘Enter Positions’ in the middle, and you will be brought to the Portfolio Manager.

portfolio

In the manager (shown below), you can edit the name and description of the portfolio in first red box. In the second red box, you change the ‘Position as of’ date.

portfolio

When you edit positions, you are editing the list of positions on any given date (the date selected where it says ‘Positions as of’). By default, the selected date will be today or the most recent trading day. Change the date to enter positions on a historical date. Each date you enter positions for is called a “date record.” You can then click Add Shares and enter in the ticker symbol, a quantity, and cost per share, as well as your cash position, seen in the screenshots below. The ‘Cost Per Share’ box will always show the current price of the ticker (if the start-date is the current date), or the closing price of the ticker on the selected date. See below for an example of this. If you want to enter multiple date records, you will first have to create the portfolio after creating one date record by clicking ‘Update’ and then return to the portfolio editor.

portfolio

portfolio

#2 By Trading a Stock in the Table

The second way to create a portfolio is to right-click any stock in the Table and select ‘Trade in Portfolio’ from the drop-down menu.

portfolio

This will bring up a window that allows you to trade the stock into an existing portfolio, or into a new portfolio. Click the ‘New’ button and you will be able to name the portfolio, choose if you want to buy or sell the stock, choose a starting date for the portfolio, as well as add in the quantity and buy price. Click the ‘Adjust Cash’ box to have the cost or purchase automatically reflected in the portfolio’s cash position.

portfolio

#3 By Saving the Table as a Portfolio

The third way to create a portfolio is by saving all of the stocks listed in the Table as a portfolio. To do this, click the ‘Actions’ button in the Table’s toolbar, mouseover ‘Save As’ from the drop-down menu, and choose to save the table as a portfolio.

portfolio

This will bring up the following window, where you can name your portfolio and add a buy date For further editing, click the ‘Customize’ button, which will bring you to the Portfolio Manager.

portfolio
#4 By Saving Tagged Tickers as a Portfolio

The fourth way to create a portfolio is to save a set of tickers with a common tag as a portfolio. To do this, right-click any stock in the table, mouseover ‘Tag,’ and click ‘Manage Tags.’

portfolio

This will bring you to the tag manager. Select a tag on the left to display the tagged tickers on the right. Then, click the ‘Save’ button in the top-right and choose to save the tagged tickers as a portfolio.

portfolio
#5 In the Dashboard

The dashboard has the ability to create new portfolios as seen in this dashboard help section.

Import a New Portfolio

In Stock Rover it is possible to import a portfolio that is in either a .csv or .txt format, which means that you can import portfolios from most brokerage houses, as well as those that have been exported from Stock Rover. You can also import a portfolio from the Stock Rover’s Investors’ Library. For more information on the Investors’ Library, please see the relevant section of the help documentation. Please note that you cannot combine two portfolios by importing one into the other.

Note to Mac users: You may need to save your .csv or .txt portfolio file as a Windows CSV file from Excel before importing.

For users that trade at Fidelity, Schwab and TD Ameritrade, Stock Rover supports direct import of their exported data. More brokerage houses will be supported in the future. Note that TD Ameritrade exports their CSV file with an XLS extension. It is OK to to import the XLS file in this specific case.

To import from a file right click on ‘Portfolios’, and select ‘Create Portfolio’ and in the following screen, select ‘Import from file’ .

portfolio

This will bring up the Import window. In the first step, click ‘Browse’ to navigate to the file that you want to import, and the portfolio as read by Stock Rover will be loaded into the portfolio manager. Select an ‘As Of’ date for the start of the portfolio, which will be used to keep track of your historical positions, as well as be utilized in the Portfolio Analysis facility.

portfolio

From here, you can look over the portfolio to ensure it was read correctly, and make any changes as needed. If it was read correctly, click ‘Import’ button , and the portfolio will be added under ‘Portfolios’ in the Navigation panel.

Update a Portfolio

If you’d like to update your portfolio, for example changing the portfolio name, description or changing portfolio positions i.e. adding, changing or removing positions, you must do this through the Portfolio Manager. Right-click on the portfolio that you want to update in the Navigation panel and select ‘Update’ from the drop-down menu.

portfolio

Another way to access the update window is with the portfolio selected, go to the Actions Menu at the top of the table and select Portfolios and then select ‘Update Portfolio’.

portfolio

In the top section of the Update Portfolio window you can change the name or description of the portfolio as seen in the screenshot below.

portfolio

Add/Remove Tickers

You use the ‘Update Portfolio’ window as shown above to add or remove positions from your portfolio. After opening the Update Portfolio window, portfolio positions can be changed.

As you can see in the screenshot below the middle section of the window is where you can update the position date with the pull-down menu that says ‘Position as of’. You can add new tickers by clicking the Add Shares button. You can also edit the Cash Position in the bottom left of the screen. For more detail on cash see the the section on Handling Cash below.

portfolio

To remove a ticker, you will click the ‘x’ in the last column on the right in the ticker row, seen in the screenshot below.

portfolio

If you want to modify positions fro several dates in the same session, click ‘Update’ when you are done with a date. When you are completely done updating your portfolio, click ‘Update and Finish’.

You can also import new positions that have been exported from your brokerage house as a new date record. To do this, first select the date for the positions in the date box. Next, click the ‘Import’ button and navigate to the file with your portfolio positions. Once imported, these positions will be entered into the selected date record. Please note that this will not combine your positions with those that are already in the portfolio, but instead will override them.

Handling Cash

When you create a portfolio you can edit the cash amount in your portfolio. This can be done by clicking the edit icon in the bottom left corner of the Update Portfolio window.

portfolio

Clicking the edit button will display the window seen below, here is where you can enter the cash amount.

portfolio

If you make any trades in the portfolio you can click the ‘Adjust Cash’ box as seen below and this will adjust your cash based on the type of transaction that you select. If this box is unchecked, any transactions you make in your portfolio will not affect the portfolio’s cash balance.

portfolio

Change Portfolio History

You can view and edit the history of any ticker in your portfolio. Once in the update window of the portfolio, you can click on any ticker to view the history.

portfolio

Clicking the ticker opens the history tab of the ticker and will display the initial position, current position and all the history of the ticker. If you need to make an adjustment on the quantity, cost per share, basis and value you can edit the values as seen in the screenshot below by clicking into cell. If you need to remove any history you can click the x next to the line you want to remove. The initial position and the current position lines can not be removed.

portfolio

If you need to add any new history, you can do this by clicking the New Row button in the bottom left of the window. This will display the window below, where you can select either Edit Position or Enter Trade then enter the date, quantity and cost per share.

portfolio

When entering a position or a trade the date can’t be older than the initial position date.

portfolio

Buy or Sell a Stock from the Table

You can also enter a trade into your portfolio directly from the Table. To do so, right-click a stock in the Table and select ‘Trade in Portfolio’ from the drop-down menu.

portfolio

This will bring up a box (shown below) where you can choose the destination portfolio (or create a new one), choose if you want to buy or sell the stock, select the date for the transaction, select the quantity and buy price (the buy price defaults to the current price, or the closing price if a date other than the current date is selected). The ‘Total’ will update to reflect the value of the transaction, and you can also choose to have your portfolio’s cash position automatically adjusted by clicking the ‘Adjust cash’ box.

portfolio

To buy or sell multiple stocks, select multiple stocks from the table by using CTRL + clicking the row to select the tickers. Then right-click on any of selected rows and select ‘Trade in Portfolio’

muliselect

This will bring up a box (shown below) where you can choose the destination portfolio (or create a new one), choose if you want to buy all equally or sell all, select the date for the transaction and select amount in dollars of how much you want to buy of each ticker. The ‘Total’ will update to reflect the value of the transaction, and you can also choose to have your portfolio’s cash position automatically adjusted by clicking the ‘Adjust cash’ box.

Create an Equal Weight Portfolio

You can create an equal allocation portfolio by selecting several tickers in the Table and right-clicking them to trade in the portfolio.

muliselect

You can choose to “Buy All Equally” in a new portfolio and specify and amount for each ticker.

muliselect

Add Assets to a Portfolio

You can also add Assets to your portfolio by clicking the ‘Add Assets’ button highlighted in the screen below. This is used to track assets not tracked by us like bonds and options.

assets

Delete a Portfolio

To delete a portfolio, right-click the portfolio in the Navigation panel and select ‘Delete Portfolio’ from the drop-down menu or from the Actions Menu, select the portfolio name and select ‘Delete Portfolio’. This action is permanent.

portfolioportfolio

To delete multiple portfolios, right-click the portfolio folder in the Navigation panel and select ‘Delete Portfolios…’ from the drop-down menu. This action is permanent.

Export a Portfolio

Portfolios can be exported to a .txt file or .csv file and shared with other Stock Rover users or used as a backup copy. To export an item, right-click it and select ‘Export’ from the drop-down menu or from the Actions Menu, select the portfolio name and select ‘Export Portfolio’ and then select the format you want to export in.

portfolioportfolio

Chart a Portfolio

You can chart whole portfolios alongside stocks, the S&P 500, or other benchmarks. There are multiple ways to do this. One method is to right-click a portfolio in the Navigation panel and select ‘Chart,’ as shown below.

portfolio

You can also chart all of your portfolios by right-clicking the ‘Portfolios’ folder row in the Navigation panel and selecting ‘Chart All Portfolios.’

Another way to chart the portfolio is to go to Actions, then select the portfolio name and then click ‘Chart’.

portfolio

All charted portfolios assume dividend reinvestment, even if the Chart’s ‘Adjust Price for Dividends’ setting is not selected.

Organize Portfolios in Folders

You can organize your portfolios into groups. To enable portfolio folder grouping in order to organize your portfolios into folders, go to your user name in the top right corner and in the drop-down menu select the ‘Preferences’ item.

portfolio

In the window, check the box to enable portfolio folders.

portfolio

Now all of your portfolios will be in a ‘Default’ folder in the Navigation panel. You can right-click this folder to rename it.

portfolio

To create more portfolio folders, right-click ‘Portfolios’ and select ‘Create Folder’ from the drop-down menu or from Actions, select ‘Portfolios’ and select ‘Create Folder’. After giving it a name, it will appear under ‘Portfolios’ in the Navigation panel.

portfolioportfolio

From here, you can just drag and drop the portfolios into the different folders. You can also drag and drop the folders themselves to rearrange the order. Now when you click ‘Portfolios’ in the Navigation panel, you’ll be able to see the summary of each of the portfolio folder groupings displayed in the Table, as shown below.

portfolio

Analyze Portfolios

The ability to analyze portfolios is available under Portfolio Analytics. Please see the Portfolio Analytics help section for further detail.

Score Portfolios

The ability to score portfolios is available by right-clicking on any screener. Please see the Score Portfolio help section for further detail under Screeners.


Top
Indices Watchlists