Fractional Shares

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Why do you not allow fractional shares in the portfolios on here?

I am new to stock trading and have been using stockpile and robinhood to purchase fractional shares.  Why does Seeking Alpha not allow fractional shares in the Portfolio option?

I am unable to enter fractional shares to my portfolio, it would be great to have the app updated to include fractional shares to better watch over my portfolio thank you seeking alpha i use the app every day and will continue to do so whether update happ
Portfolio does not allow fractional share entries

I have a growing small portfolio of dividend paying stocks that I want to track in Seeking Alpha. I use a fractional share investing brokerage.  The Portfolio screen in SA, however, only permits me to enter whole numbers in the 'Shares' field.  I'm surprised that SA hasn't built fractional share capability into the portfolio functionality: if all of the underlying math and formulas to drive that functionality are already in place, why not make a configuration change to allow fractional shares?

Needs to support fractional shares

So many of the new online brokers support fractional shares, and with stocks like Google and Amazon that are $1000-$2000 a share, fractional shares really need to be supported.

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Womz

I would really like to see fractional share support in the portfolio section as I cannot enter my fractional shares which makes the system useless for tracking holdings.

With so many brokerages now offering fractional shares it is very surprising that this has not been added yet.

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anonymous
  • Under review

Absolutely. We are hoping to add support for that very soon. While we are on the topic, I'd love your feedback about a related change we were considering. 

We are thinking of removing support for purchase date, price, short positions and commission. Meaning, you could only enter the number of shares for each holding. The idea being, if we simplify the amount of holdings info, we can be better positioned to offer more powerful portfolio functionality in other areas (e.g. dividend income calculator, portfolio weightings by sector, country). If we support more advanced holdings features it gets much more complex and inhibits our ability to add more features.

So long story short- do you use the more advanced fields or do you rely on your broker for that information?

Thanks,

Daniel

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anonymous
  • Under review

Hi,
I'm merging this with a similar request. Please see there for my response.

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anonymous
  • Planned
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revolico

Hi Daniel,

Trade/Purchase date is essential to calculate dividend payments, so you don't want to remove that field. You should also allow entering multiple rows for purchases/trades on different dates.

Any estimated date to add this functionality to the system?