diff --git a/kmymoney/dialogs/settings/ksettingsgeneral.h b/kmymoney/dialogs/settings/ksettingsgeneral.h
--- a/kmymoney/dialogs/settings/ksettingsgeneral.h
+++ b/kmymoney/dialogs/settings/ksettingsgeneral.h
@@ -39,7 +39,8 @@
 class KSettingsGeneral : public KSettingsGeneralDecl
 {
   Q_OBJECT
-
+private:
+  bool initialHideZeroBalanceEquities;
 public:
   KSettingsGeneral(QWidget* parent = 0);
   ~KSettingsGeneral();
@@ -47,6 +48,8 @@
 protected slots:
   void slotLoadStartDate(const QDate&);
 
+public slots:
+  void slotUpdateEquitiesVisibility();
 };
 #endif
 
diff --git a/kmymoney/dialogs/settings/ksettingsgeneral.cpp b/kmymoney/dialogs/settings/ksettingsgeneral.cpp
--- a/kmymoney/dialogs/settings/ksettingsgeneral.cpp
+++ b/kmymoney/dialogs/settings/ksettingsgeneral.cpp
@@ -29,6 +29,8 @@
 // Project Includes
 
 #include <kmymoneydateinput.h>
+#include "models.h"
+#include "accountsmodel.h"
 
 KSettingsGeneral::KSettingsGeneral(QWidget* parent) :
     KSettingsGeneralDecl(parent)
@@ -41,6 +43,8 @@
 
   // setup connections, so that changes by the user are forwarded to the (hidden) edit fields
   connect(m_startDateEdit, SIGNAL(dateChanged(QDate)), kcfg_StartDate, SLOT(setDate(QDate)));
+
+  initialHideZeroBalanceEquities = kcfg_HideZeroBalanceEquities->isChecked();
 }
 
 KSettingsGeneral::~KSettingsGeneral()
@@ -53,3 +57,27 @@
   disconnect(kcfg_StartDate, SIGNAL(dateChanged(QDate)), this, SLOT(slotLoadStartDate(QDate)));
   m_startDateEdit->setDate(kcfg_StartDate->date());
 }
+
+void KSettingsGeneral::slotUpdateEquitiesVisibility()
+{
+  if (initialHideZeroBalanceEquities == kcfg_HideZeroBalanceEquities->isChecked())      // setting hasn't been changed, so return
+    return;
+  initialHideZeroBalanceEquities = kcfg_HideZeroBalanceEquities->isChecked();
+  AccountsModel* accountsModel = Models::instance()->accountsModel();                   // items' model for accounts' page
+  InstitutionsModel* institutionsModel = Models::instance()->institutionsModel();       // items' model for institutions' page
+  MyMoneyFile *file = MyMoneyFile::instance();
+  QList<MyMoneyAccount> accountsList;
+  file->accountList(accountsList);
+
+  foreach (const auto account, accountsList) {
+    if (account.isInvest() && account.balance().isZero()) {                             // search only for zero balance stocks
+      if (initialHideZeroBalanceEquities) {
+        accountsModel->slotObjectRemoved(MyMoneyFile::notifyAccount, account.id());     // remove item from accounts' page
+        institutionsModel->slotObjectRemoved(MyMoneyFile::notifyAccount, account.id()); // remove item from institutions' page
+      } else {
+        accountsModel->slotObjectAdded(MyMoneyFile::notifyAccount, dynamic_cast<const MyMoneyObject* const>(&account));     // add item to accounts' page
+        institutionsModel->slotObjectAdded(MyMoneyFile::notifyAccount, dynamic_cast<const MyMoneyObject* const>(&account)); // add item to institutions' page
+      }
+    }
+  }
+}
diff --git a/kmymoney/dialogs/settings/ksettingskmymoney.cpp b/kmymoney/dialogs/settings/ksettingskmymoney.cpp
--- a/kmymoney/dialogs/settings/ksettingskmymoney.cpp
+++ b/kmymoney/dialogs/settings/ksettingskmymoney.cpp
@@ -88,6 +88,7 @@
   QAbstractButton* defaultButton = button(QDialogButtonBox::RestoreDefaults);
   connect(this, &KConfigDialog::rejected, schedulesPage, &KSettingsSchedules::slotResetRegion);
   connect(this, &KConfigDialog::rejected, iconsPage, &KSettingsIcons::slotResetTheme);
+  connect(this, &KConfigDialog::settingsChanged, generalPage, &KSettingsGeneral::slotUpdateEquitiesVisibility);
 
   connect(this, &KConfigDialog::accepted, pluginsPage, &KPluginSelector::save);
   connect(defaultButton, &QAbstractButton::clicked, pluginsPage, &KPluginSelector::defaults);
diff --git a/kmymoney/models/accountsmodel.cpp b/kmymoney/models/accountsmodel.cpp
--- a/kmymoney/models/accountsmodel.cpp
+++ b/kmymoney/models/accountsmodel.cpp
@@ -532,9 +532,17 @@
       accountsItem->appendRow(item);
       item->setColumnCount(columnCount());
       item->setEditable(false);
-      if (acc.accountList().count() > 0) {
-        d->loadSubAccounts(this, item, favoriteAccountsItem, acc.accountList());
+      QStringList subaccountsList = acc.accountList();
+      // filter out stocks with zero balance if requested by user
+      for (QStringList::Iterator it = subaccountsList.begin(); it != subaccountsList.end();) {
+        const MyMoneyAccount& subAcc = d->m_file->account(*it);
+        if (subAcc.isInvest() && KMyMoneyGlobalSettings::hideZeroBalanceEquities() && subAcc.balance().isZero())
+          it = subaccountsList.erase(it);
+        else
+          ++it;
       }
+      if (!subaccountsList.isEmpty())
+        d->loadSubAccounts(this, item, favoriteAccountsItem, subaccountsList);
       d->setAccountData(this, item->index(), acc);
       // set the account data after the children have been loaded
       if (acc.value("PreferredAccount") == "Yes") {
@@ -915,15 +923,22 @@
   MyMoneyInstitution none;
   none.setName(i18n("Accounts with no institution assigned"));
   institutionList.append(none);
-  foreach (const MyMoneyInstitution &institution, institutionList) {
+  foreach (const auto institution, institutionList)
     static_cast<InstitutionsPrivate *>(d)->addInstitutionItem(this, institution);
+
+  QList<MyMoneyAccount> accountsList;
+  QList<MyMoneyAccount> stocksList;
+  d->m_file->accountList(accountsList);
+  foreach (const auto account, accountsList) {  // create items for all the accounts...
+    if (account.isInvest())                     // ...but wait with stocks until investment accounts appear
+      stocksList.append(account);
+    else
+      static_cast<InstitutionsPrivate *>(d)->loadInstitution(this, account);
   }
 
-  // create items for all the accounts
-  QList<MyMoneyAccount> list;
-  d->m_file->accountList(list);
-  for (QList<MyMoneyAccount>::ConstIterator it_l = list.constBegin(); it_l != list.constEnd(); ++it_l) {
-    static_cast<InstitutionsPrivate *>(d)->loadInstitution(this, *it_l);
+  foreach (const auto stock, stocksList) {
+    if (!(KMyMoneyGlobalSettings::hideZeroBalanceEquities() && stock.balance().isZero()))
+      static_cast<InstitutionsPrivate *>(d)->loadInstitution(this, stock);
   }
 }