Portfolios

Four Ways you can Create a New Portfolio

There are four 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 four ways to create a new portfolio from scratch are with the Portfolio manager, by trading a stock in the Table, by saving the Table as a portfolio, and by saving all tickers with the same tag as a portfolio.

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

The way to reach the Portfolio Manager is to select Portfolios in the grey selector menu and then right-click on ‘Portfolios’ in the Navigation panel and 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

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

You can update the positions of a portfolio through the Portfolio Manager. Please note that on a linked portfolio, you can’t update the positions, you can only view them.

If you’d like to update your positions, you must do this through the Portfolio Manager. Right-click the portfolio that you want to update in the Navigation panel and select ‘Update’ from the drop-down menu.

portfolio

In the top section you can change the name or description of the portfolio. In the bottom section, update the position date with the pull-down menu that says ‘Position as of’, called out below. You can add more new tickers by click Add Shares, called out below. You can also edit the Cash Position, called out below in the bottom left of the screen.

portfolio

Click ‘Update’ when you are done. The window will close if you select ‘Update and Finish’, otherwise you can modify positions on several dates in the same session.

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.

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.

muliselect

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

muliselect
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’ from the drop-down menu. This action is permanent.

portfolio

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 and then select the format you want to export in.

portfolio

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.’

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. After giving it a name, it will appear under ‘Portfolios’ in the Navigation panel.

portfolio

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.


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