Positions Tab

Monitor all your open Schwab positions.

The Positions tab is located in the My Account tab.

The Positions tab displays all open positions for a given account. The positions are displayed with real-time quotes - regardless of how or when you purchased your position at Schwab. Positions, and their quantities, are updated automatically every fifteen minutes or 30 seconds after your orders are filled, whichever happens first. The Market Value is calculated based on the number of shares and the current price. The Last Price is the current last trade price (streaming).

Get a quick overview of all the My Account Tab features in this self-paced Account Tab training course.

Stock and/or option symbols and price and volume data shown here are for illustrative purposes only. Charles Schwab & Co., its parent or affiliates, and/or its employees and/or directors may have positions in securities referenced herein, and may, as principal or agent, buy from or sell to clients.

Sort columns by clicking on the column header. For example, click once on the Status column to sort the entire list by that column. To reverse the sort order, click again.

Move columns by clicking and dragging the column.

Trade a symbol in your list by clicking on the symbol and then clicking the Trade link. It will load the symbol and trade action into the Trade tab.

View Order Status in this tab by clicking and checking Show order status in the Positions settings window.

Print the displayed Positions tab by clicking the Print link in the upper right corner.

Change or Cancel an order, if you have the Order Status panel displayed in the Positions tab, by clicking on the order and then clicking on either Change to change the order or Cancel to cancel the order.

Positions Columns

News

If news is available on the symbol, an icon will display, which you can click to open the News tab.

Symbol

The unique 1-5 characters used to represent the security. Symbols are defined by the different markets or exchanges. Sometimes a security might not have a symbol, in which case, an internal Schwab reference # will be used.

Position

The type of Position held, e.g. Long, Short, etc.

Name

The full name of the security.

The letter in parentheses after the security name is the Financial Status Indicator (FSI).

FSI Codes

D Deficient: Failed to meet NASDAQ continued listing requirements
E Delinquent: Missed regulatory filing deadline
Q Bankrupt: Issuer has filed for bankruptcy
N Normal (Default): Not currently deficient, delinquent, or bankrupt. -Will not be displayed
G Deficient and Bankrupt
H Deficient and Delinquent
J Delinquent and Bankrupt
K Deficient, Delinquent, and Bankrupt

Quantity

For stocks or mutual funds, this field reflects the number of shares you currently hold. For fixed income securities, this field reflects the face value of the securities. For options, this field reflects the number of option contracts.

Last price

The current last trade price (streaming).

Change from Open

The change in security price from open.

Change from Close

The change in security price from previous close.

Market Value

This figure reflects the current value of your position, normally calculated using real-time quotes, where possible. This value is updated as the quote changes.

Cost basis

The Cost Basis is the total price paid for the position. An asterisk next to this value indicates that the amount displayed is in most cases not correct. Usually this is due to incomplete data on record for the position. If all or part of the position was purchased before August 2004 then you will see an asterisk.

Also, note that the cost figure provided is the sum of all fills and does not include commissions or other fees. To correct this value, right-click and select Adjust Cost:

You may enter the total amount paid or received for the position using this function. Once this has been done the asterisk will disappear even though future fills will not include commissions and therefore may not be absolutely accurate. You may adjust the cost as often as you like.

P/L $

Displays the unrealized profit or loss on the position in dollar format. P&L is calculated based on an average price paid per share. Note: Lot accounting is not used, so P&L is NOT calculated on a LIFO/FIFO basis. (See example below this table.) There are limitations on the reporting of transactions/events that make up the P&L amounts.

P/L %

Displays the unrealized profit or loss on the position as a percentage. P&L is calculated based on an average price paid per share. Note: Lot accounting is not used, so P&L is NOT calculated on a LIFO/FIFO basis. (See example below this table.) There are limitations on the reporting of transactions/events that make up the P&L amounts.

DRI

This stands for Dividend Reinvestment Instructions. Certain stocks and mutual funds pay a dividend. These dividends may be reinvested into additional shares of the security, or can be paid to you in cash, depending upon your instructions. "Yes" indicates that the corresponding security's dividend is being reinvested. "No" indicates that no dividends are being reinvested for that security and that dividends will be paid in cash.

Type

Describes what type of security the position is: Equity, Option, etc.

Following is an example of how P&L is calculated when there are multiple executions for one position:

Executions

Average Cost Per Share

What the Positions Tab Displays

1/15/04Buy 500 ABCD @ 20

20
Calculation:
(500 * 20) = 10000 --> 20 per share

1/15/04 500 ABCD Cost $10,000

1/15/04Buy 500 ABCD @ 30

25
Calculation:

(500 * 30) = 15000 --> (25000 / 1000) --> 25 per share

1/15/04 1000 ABCD Cost $25,000

1/16/04Sell 200 ABCD @ 35

25
(note that the sell price is irrelevant)

1/16/04 800 ABCD Cost $20,000
(25 x 800 = 20,000)

1/16/04Sell 400 ABCD @ 32

1/16/04 400 ABCD Cost $10,000

(25 x 400 = 10,000)

1/17/04Buy 600 ABCD @ 32

29.20
Calculation:
[(1000 - 200 - 400) * 25] = 10000
(600 * 32) = 19200 --> (29200 / 1000)
--> 29.20 per share

1/17/04 1000 ABCD Cost $29,200
(29.20 x 1000 = 29,200)

1/17/04Sell 600 ABCD @ 34

29.20

1/17/04 400 ABCD Cost $11,680
(29.20 x 400 = 11, 680)

Important Information Regarding P&L Calculations for your Accounts

An asterisk (*) indicates a position with cost data that may be incomplete because it does not include transactions that occurred prior to August 2004. The cost and profit and loss data may also be incomplete because it excludes commissions, transaction fees, and corporate actions such as stock splits, stock dividends, spin-offs, mergers, and name changes. To correct the cost data, select the position and use the right-click menu to select the “Adjust Cost” function. Please note that the Account Detail tool is not the official record of your account. Your statements and confirmations are the official records of your account.