diff --git a/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.test.tsx b/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.test.tsx
index 968c1b9..c1a17e4 100644
--- a/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.test.tsx
+++ b/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.test.tsx
@@ -217,6 +217,27 @@ describe("LedgerEntryRow", () => {
 	});
 });
 
+const historyStateResource = (historyState: "loading" | "partial") =>
+	HttpResponse.json(
+		resource(
+			{
+				hasNext: false,
+				items: [operation],
+				nextCursor: null,
+			},
+			{
+				coverage: {
+					asOf: null,
+					completeRanges: [],
+					historyBoundary: "unknown",
+					historyState,
+					missingRanges: [],
+					requested: [],
+				},
+			},
+		),
+	);
+
 describe("AccountOperationsPage", () => {
 	it.each(["account-1", "all"])(
 		"normalizes invalid periods and history, preserves one-sided UTC dates and resets cursors for %s",
@@ -478,6 +499,33 @@ describe("AccountOperationsPage", () => {
 		expect(screen.getByRole("button", { name: "Применить" })).toBeDisabled();
 	});
 
+	it("does not show the history loading alert when coverage is partial", async () => {
+		configureTestAuth();
+		server.use(
+			http.get(
+				"*/api/v1/brokerage-accounts/:accountId/operations",
+				() => historyStateResource("partial"),
+			),
+		);
+		renderPage();
+		await screen.findByText("Покупка акций");
+		expect(screen.queryByText("История догружается")).not.toBeInTheDocument();
+	});
+
+	it("shows the history loading alert while historyState is loading", async () => {
+		configureTestAuth();
+		server.use(
+			http.get(
+				"*/api/v1/brokerage-accounts/:accountId/operations",
+				() => historyStateResource("loading"),
+			),
+		);
+		renderPage();
+		expect(
+			await screen.findByText("История догружается"),
+		).toBeInTheDocument();
+	});
+
 	it("renders an error state", async () => {
 		configureTestAuth();
 		server.use(
diff --git a/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.vm.ts b/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.vm.ts
index 55eb5f2..cc4d503 100644
--- a/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.vm.ts
+++ b/src/pages/account-operations/ui/AccountOperationsPage/AccountOperationsPage.vm.ts
@@ -152,9 +152,7 @@ const useAccountOperationsPageVm = (): AccountOperationsPageViewModel => {
 		draftPeriod,
 		hasNext: Boolean(nextCursor && operations.data.hasNext),
 		hasPrevious: history.hasPrevious,
-		historyLoading:
-			operations.meta?.coverage?.historyState === "loading"
-			|| operations.meta?.coverage?.historyState === "partial",
+		historyLoading: operations.meta?.coverage?.historyState === "loading",
 		items: operations.data.items,
 		maxDate,
 		onApply: () => {