Account Positions - Position Details

Overview

The Position Details screen contains three tabs: Position Details, Realized Gain/Loss Details, and Position History. You can access this pop-up by doing one of the following:

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Position Details Tab

Overview

There are several links on the Position Details Tab. The links that display are based on whether the position's Cost Method is Average Cost or ID Cost and whether the lot is open or closed. The possible links are:

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Average Cost Summary

The Average Cost Summary screen displays if the position's Cost Method is Average Cost. The Position Summary table at the top of the screen contains the Quantity and Position Cost for All Shares, All Covered Shares, and Non-Covered Shares.

You can display position information for a date range based on either Trade Date (the default selection) or Settlement Date by selecting the associated radio button. Enter the date range using the Start Date and End Date fields. You can enter the dates manually or use the Calendar icons to assist you in completing the fields. Select the Submit button to display the results in the table below. Results - N Item(s) found displays above the table, where N is equal to the number of lots located in the search. NOTE: Select the Clear button to return the criteria to their default settings, which are Trade Date selected and the Start Date and End Date fields both reflecting the current date.

Select the Export link to create a CSV file (AverageCostSumExport.csv) that contains the list contents. A File Download pop-up screen displays when you select the link.

Column Description
Covered/Non-Covered Indicates if a lot is covered or non-covered; options are: Covered and Non-Covered.
NOTE: Please see Covered and Non-Covered Shares for additional information.
Event Cost Displays the dollar amount of the transaction.
Event Proceeds Displays the dollar amount received as the result of the transaction.
Event Quantity Displays the number of shares included in the transaction.
Gifted/Inherited Indicates if the lot was Gifted or Inherited. Displays N/A if neither is the case or B if both are true.
Position Cost Displays the total cost of the available shares of the position.
Position Cost/Share Displays the cost of one share of the security: Cost DIVIDED BY Quantity.
Position Quantity Displays the total number of available shares of the position.
Reason Code Displays the one character covered or non-covered Reason Code. NOTE: Please see Reason Codes for a list of the possible characters that can display.
Settlement Date Displays the date on which a trade settles, in DD/MM/YYYY format. This is the date on which securities must be paid for (purchase) or securities must be delivered (sale).
Trade Date Displays the date the position was sold, in DD/MM/YYYY format.
Transaction Type Indicates the type of transaction of the event.
Type Displays the type of account; options are: DVP/RVP, Cash, Margin, Short, Financing/Fully Paid Lending, Legal, Restricted Securities/Legal Transfer, When Issued, Partially Called Bonds, Dividend/Interest, and Held Away.

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Open Lots

The Open Lots screen displays information on lots that are currently held by the account in context. The Position Summary section at the top of the screen indicates the type of account.

The following table contains descriptions for the columns in the Lot Summary section of the screen.

Column Description
Cost Displays the total original cost of these shares: Quantity MULTIPLIED BY (Cost DIVIDED BY Share).
Cost/Share Displays the cost of one share of the security: Cost DIVIDED BY Quantity.
Cost Source Displays the origin of the cost information for the position; options are Customer, FBS (Fidelity), Third Party Provided, Unknown, NIGO (position currently under review), or n/a (not applicable or not available), or -- (not available).
NOTE: Applies to brokerage accounts only.
Covered/Non-Covered Indicates if a lot is covered or non-covered; options are: Covered and Non-Covered.
NOTE: Please see Covered and Non-Covered Shares for additional information.
Closing Market Value Displays the market value of the lot as calculated using the price as of the last closing date and the position quantity at that time (Closing Quantity MULTIPLIED BY Closing Price).
Closing Quantity Displays the number of shares of the security as of the prior business day.
Date Acquired Displays the date on which the lot was acquired, in DD-Mmm-YYYY format (e.g., 15-Oct-2012).
NOTE: Date Acquired should not be used to determine the lot's holding period. Please see the Holding Period for this information.
Date of Gift Displays the date that a lot was gifted or displays N/A or -- (not applicable) if the lot was not gifted.
NOTE: For more information on cost basis data, please see the Cost Basis Resource Center and contact your tax advisor.
Fair Market Value Displays the price at which the position would sell.
Gifted/Inherited Indicates if the lot was Gifted or Inherited. Displays N/A if neither is the case or B if both are true.
Holding Period Displays the period of time the position was held before being sold and thus the tax implications; options are Short (shares held one year or less) or Long (shares held longer than one year).
Lot Detail NOTE: This column is not labeled. Contains the Lot Detail link, which you can select to display the sub-lot information.
Lot Number NOTE: This column is not labeled. Displays a number that typically corresponds to the order of when the lots were added to the account, with the first entry being the earliest lot.
Reason Code Displays the one character covered or non-covered Reason Code. NOTE: Please see Reason Codes for a list of the possible characters that can display.
Unrealized Realized Gain/Loss Displays the total dollar value of the hypothetical gain or loss realized if the shares were to be sold based at the current market value.
NOTE:
  • A dollar gain is represented in green and a loss is represented in red.
  • Unknown displays if the basis is unknown or was not provided to Fidelity.
Unrealized Realized Gain/Loss % Displays the total percentage of the hypothetical gain or loss realized if the shares were to be sold based at the current market value.
NOTE:
  • A percentage gain is represented in green and a loss is represented in red.
  • Unknown displays if the basis is unknown or was not provided to Fidelity.

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Closed Lots

The Closed Lots screen displays information on the sold lots for the account in context. The Position Summary section at the top of the screen indicates the type of account.

The following table contains descriptions for the columns in the Lot Summary section of the screen.

Column Description
Cost NOTE: A total is provided for this column. Displays the total original cost of these shares: Quantity MULTIPLIED BY (Cost DIVIDED BY Share).
Cost/Share NOTE: A total is provided for this column. Displays the cost of one share of the security: Cost DIVIDED BY Quantity.
Cost Source

Displays the origin of the cost information for the position; options are Customer, FBS (Fidelity), Third Party Provided, Unknown, NIGO (position currently under review), or n/a (not applicable or not available), or -- (not available).

NOTE: Applies to brokerage accounts only.

Covered/Non-Covered Indicates if a lot is covered or non-covered; options are: Covered and Non-Covered.
NOTE: Please see Covered and Non-Covered Shares for additional information.
Date Acquired Displays the date on which the lot was acquired, in DD-Mmm-YYYY format (e.g., 15-Oct-2012).
NOTE: Date Acquired should not be used to determine the lot's holding period. Please see the Holding Period for this information.
Date of Close Displays the date the lot was sold, in DD/MM/YYYY format.
Gifted/Inherited Indicates if the lot was Gifted or Inherited. Displays N/A if neither is the case or B if both are true.
Holding Period Displays the period of time the position was held before being sold and thus the tax implications; options are Short (shares held one year or less) or Long (shares held longer than one year).
Lot Detail NOTE: This column is not labeled. Contains the Lot Detail link, which you can select to display the sub-lot information.
Lot Number NOTE: This column is not labeled. Displays a number that typically corresponds to the order of when the lots were added to the account, with the first entry being the earliest lot.
Proceeds NOTE: A total is provided for this column. Displays the dollar amount received as the result of the sale of the position.
Quantity NOTE: A total is provided for this column. Displays the quantity or number of shares in the lot.
Realized Gain/Loss NOTE: A total is provided for this column.

Displays the dollar value of the gain or loss realized after closing (selling) the shares: Proceeds MINUS Cost.

NOTE:

  • Applies to non-retirement accounts only.
  • A monetary gain is represented in Green and a loss is represented in Red.
Realized Gain/Loss % NOTE: A total is provided for this column.

Displays the percent gain or loss realized after closing (selling) the shares: Proceeds DIVIDED BY Cost.

NOTE:

  • Applies to non-retirement accounts only.
  • A percentage gain is represented in Green and a loss is represented in Red.
Reason Code Displays the one character covered or non-covered Reason Code. NOTE: Please see Reason Codes for a list of the possible characters that can display.
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Update Cost

NOTE: Cost changes entered today are not available for viewing until next business day.

An account may have a position for which cost is unknown. This usually occurs because the securities were acquired and transferred in from another institution. At some point, the customer or third party, such as an estate executor, may advise you of the original or adjusted cost of the security and you can add that information to the position record.

You can update cost for shares held long or short, when the source is Unknown or Customer, and when the cost method is either ID Cost or Average Cost. You cannot update cost for shares purchased through National Financial Services LLC (NFS), Fidelity Brokerage Services (FBS), or if the shares are Not In Good Order (NIGO).

Cost changes entered on the current day are not available for viewing until the next business day. The Update Pending column indicates whether the current day updates are pending for the shares. If you decide to proceed with your update, a message explains that the information you enter will override pending information already entered.

  1. Select the Update Cost link. The Eligible Lots screen opens; eligible lots that you can update are listed in order by Date Acquired.
  2. Select the Edit link adjacent to the lot you want to update. The Edit Lots screen displays. NOTE: If you provided updated cost information for this lot and an update is pending, a warning pop-up screen displays when you select the Edit link. Any new information you enter will overwrite the existing data. Select the Cancel button to close the pop-up and remain on the Eligible Lots screen. OR Select the OK button to close the pop-up and proceed to the Edit Lots screen.
  3. Enter the date on which the shares were added to the account, in MM/DD/YYYY format, in the Date Acquired field. You can enter this information directly or select the Calendar icon for assistance in completing the field.
  4. Enter the number of shares to which you want to assign cost information in the Quantity field.
  5. Enter the total original amount paid for the shares in the Cost field and press the Tab key. The calculated value of one share of the security now displays in the Cost/Share column based on the Cost/Quantity entered. This value always displays as positive regardless of short/long position.
  6. Using the Cost Source drop-down list, select the source of the cost information; options are: Third Party or Customer Provided.
  7. To continue accounting for shares in the original quantity, select the Add Row button to add another row to the window. (You can enter up to 197 lots to the original quantity.) Repeat Steps 4 through 7. The Original Lot Quantity, Quantity Provided, and Quantity Remaining values update as you enter your information. NOTE: Updates to an Average Cost position are not complete until you account for all shares in the original lot quantity. For example, if the original lot quantity for which you are entering cost information is 500, you cannot enter cost for only 250 shares and leave the remaining 250 unknown. This is not true, however, for an ID Cost position.
    OR
    To delete a row, select the Delete Row link that displays to the right of the row you want to remove.
  8. When you are finished, select the Verify button. One of the following may occur:
    ID Cost Position: If the lot was not allocated fully, a message box prompts you to confirm whether you want to continue. Select the Cancel button to continue entering cost information. OR Select the OK button to display the Verify screen and then proceed to the next step.
    OR
    Average Cost Position: If the lot was not allocated fully, a warning message screen prevents you from continuing. Select OK to close the message screen and finish allocating the original lot quantity.
  9. When the lot allocation is complete, review the information on the Verify screen and then select the Submit button to submit your updates, which you can view on the next business day. NOTE: Select the Edit button to return to Edit Lots screen to make any desired changes before submitting the updates.
Column Description
Cost Previously Provided Indicates if the cost was previously provided by a third party; options are Yes and No.
Covered/Non-Covered

Indicates if a lot is covered or non-covered; options are: Covered and Non-Covered.

NOTE: Please see Covered and Non-Covered Shares for additional information.
Date Acquired

Displays the date on which the lot was acquired, in DD-Mmm-YYYY format (e.g., 15-Oct-2012).

NOTE: Date Acquired should not be used to determine the lot's holding period. Please see the Holding Period for this information.
Quantity

Enter the number of shares in the position to which you want to assign cost information. Once you enter this quantity, the amount in Quantity Remaining is decremented by that amount. You can enter fractional amounts up to 4 decimal places.

EXAMPLE: If there are 5000 shares in the Original Lot Quantity, as soon as you enter 400 in the Quantity box, Quantity Remaining is recalculated as 4600.

  • Original Lot Quantity: The number of shares in the selected lot for which cost information can be entered. Note that this number may represent a partial position - only the unknown shares, not the total position.
  • Quantity Provided: Continually records the number of shares accounted for during the current update.
  • Quantity Remaining: Continually records the number of shares left to be accounted for during the update. Each time you enter a number in the Quantity field, Quantity Remaining is decremented by that number.
Reason Code Displays the one character covered or non-covered Reason Code. NOTE: Please see Reason Codes for a list of the possible characters that can display.
Update Pending Indicates if there is pending activity on the position; options are Yes, and No.
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Lot Details

Select the Lot Details link to display the sub-lot details.

Column Description
Cost/Share Displays the cost of one share of the security: Cost DIVIDED BY Quantity.
Event Cost Displays the dollar amount of the transaction.
Event Quantity Displays the number of shares included in the transaction.
Lot Cost Displays the total cost of the lot.
Lot Quantity Displays the total number of shares or contracts in the lot.
Proceeds Displays the dollar amount that results from the sale of the position.
Settlement Date Displays the date on which a trade settles, in DD/MM/YYYY format. This is the date on which securities must be paid for (purchase) or securities must be delivered (sale).
Trade Date Displays the date the position was sold, in DD/MM/YYYY format.
Transaction Type Indicates the type of transaction of the event.
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Realized Gain/Loss Details Tab

Using the Realized Gain/Loss Details Tab, you can display position information for a date range using the Start Date and End Date fields. Either enter the dates manually or use the Calendar icons to assist you in completing the fields. Select the Submit button to display the results the table below. Results - N Item(s) found displays above the table, where N is equal to the number of lots located in the search. NOTE: Select the Clear button to return the Start Date and End Date fields to their default settings, which are the current date.

Select the Export link to create a CSV file (PosLvlRealizedGLExport.csv) that contains the list contents. A File Download pop-up screen displays when you select the link.

The following table contains descriptions for the columns in the Results section of the Realized Gain/Loss Details Tab.

Column Description
Cost Displays the total original cost of these shares: Quantity MULTIPLIED BY (Cost DIVIDED BY Share).
Cost/Share Displays the cost of one share of the security: Cost DIVIDED BY Quantity.
Cost Selection Method Indicates the Cost Basis Disposal Method specified for the position, which can be either Specific Shares or one of the disposal methods supported by the platform. Positions with Average Cost display ACSC.
Cost Source

Displays the origin of the cost information for the position; options are Customer, FBS (Fidelity), Third Party Provided, Unknown, NIGO (position currently under review), or n/a (not applicable or not available), or -- (not available).

NOTE: Applies to brokerage accounts only.

Covered/Non-Covered Indicates if a lot is covered or non-covered; options are: Covered and Non-Covered.
NOTE: Please see Covered and Non-Covered Shares for additional information.
Date Acquired Displays the date on which the lot was acquired, in DD/MM/YYYY format. This field can display Various if the position is an average cost mutual fund.
NOTE: Date Acquired should not be used to determine the lot's holding period. Please see the Holding Period for this information.
Date of Sale Displays the date on which the lot was sold, in DD/MM/YYYY format.
Gifted/Inherited Indicates if the lot was Gifted or Inherited. Displays N/A if neither is the case or B if both are true.
Holding Period Displays the period of time the position was held before being sold and thus the tax implications; options are Short (shares held one year or less) or Long (shares held longer than one year).
Proceeds Displays the dollar amount received as the result of the sale of the position.
Quantity Displays the quantity or number of shares acquired on this date.
Realized Gain/Loss

Displays the dollar value of the gain or loss realized after closing (selling) the shares: Proceeds MINUS Cost.

NOTE:

  • Applies to non-retirement accounts only.
  • A monetary gain is represented in Green and a loss is represented in Red.
Realized Gain/Loss %

Displays the percent gain or loss realized after closing (selling) the shares: Proceeds DIVIDED BY Cost.

NOTE:

  • Applies to non-retirement accounts only.
  • A percentage gain is represented in Green and a loss is represented in Red.
Reason Code Displays the one character covered or non-covered Reason Code. NOTE: Please see Reason Codes for a list of the possible characters that can display.
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Position History Tab

Using the Position History Tab, you can display position information for a date range based on either Trade Date (the default selection) or Settlement Date by selecting the associated radio button. Enter the date range using the Start Date and End Date fields. You can enter the dates manually or use the Calendar icons to assist you in completing the fields. Select the Submit button to display the results the table below. Results - N Item(s) found displays above the table, where N is equal to the number of lots located in the search. NOTE: Select the Clear button to return the criteria to their default settings, which are Trade Date selected and the Start Date and End Date fields both reflecting the current date.

Select the Export link to create a CSV file (PositionHistoryExport.csv) that contains the list contents. A File Download pop-up screen displays when you select the link.

The following table contains descriptions for the columns in the Results section of the Position History Tab.

Column Description
Event Amount Displays the dollar amount of the transaction.
Event Quantity Displays the number of shares involved in the transaction.
Process Date Displays the date on which the activity occurred, in DD/MM/YYYY format.
Settlement Date Displays the date on which the trade settled, in DD/MM/YYYY format. This is the date on which securities must be paid for (purchase) or securities must be delivered (sale).
Share Price Displays the cost of one share of the security.
Trade Date Displays the date the position was sold, in DD/MM/YYYY format.
Transaction Type Indicates the type of transaction of the event.
Type Displays the type of account; options are: DVP/RVP, Cash, Margin, Short, Financing/Fully Paid Lending, Legal, Restricted Securities/Legal Transfer, When Issued, Partially Called Bonds, Dividend/Interest, and Held Away.

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