Transferring Specif. Share/Lots
Summary of the user’s inquiry and solutions discussed:
- Main Problem: The user wants to know if it’s possible to transfer specified lots of shares (not the entire holding) from one Fidelity brokerage account to another, as they wish to separate long-holds from short-holds.
- Solution: Most whole and partial share transfers can be initiated on the Fidelity website by selecting “Transfer” from the “Portfolio Summary” page.
- Additional Requirement: For transferring specific lots between non-retirement brokerage accounts, the user needs to contact Fidelity’s assistance by phone.
- Further Resources: Fidelity provided links for learning more about cost basis and disposal methods for shares.
This guidance allows the user to understand the process and requirements for transferring specific share lots.
Here’s the full thread
Is it possible to transfer specified lots from one Fidelity brokerage acct to antoher? (Same owner)
Ie. Not the entire holding of a stock; just specified shares/lots.
Use Case; I want to separate the Long-holds from the Short-holds.
Hi @CrashNoctis. Happy to share some specific information about share transfers.
Most whole and partial share transfers between non-retirement Fidelity accounts can be processed on our website by following these steps (Login required):
1. From your “Portfolio Summary” landing page, select “Transfer”
2. Complete the applicable “From” and “To” fields
3. In the “Occurrence” field, select “One Time”
4. In the Transfer type section, select “Shares”
Now at this time, associate assistance by phone is required to select specific share lots for partial transfers between two nonretirement brokerage accounts
Contact Us: https://www.fidelity.com/customer-service/contact-us
Additionally, check out the following link if you’d like to learn more or make updates to your current Cost Basis and Disposal Methods: https://www.fidelity.com/tax-information/tax-topics/capital-gains-cost-basis
If there is anything we can clarify or if additional questions pop up, please don’t hesitate to ask! We’re always happy to help. 🟢
Associate assistance by phone is required to move specific lots, gotcha. Thank you, @FidelityLinsey
Any time!