---
title: "Order plan"
description: "The order plan is the buy, sell, and adjust list a strategy's rules imply for its next rebalance — grouped as Entering, Exiting, and Adjusted."
canonical_url: "https://fincanva.com/docs/portfolio-holdings/order-plan"
last_updated: "2026-07-25"
md_url: "https://fincanva.com/docs/portfolio-holdings/order-plan.md"
---

# Order plan

The order plan is the list of buys, sells, and adjustments a strategy's rules imply for its next [rebalance](/docs/backtesting/rebalance), grouped into positions Entering, Exiting, and Adjusted. It shows what the portfolio would change from its current holdings to reach the new target portfolio, with an estimated turnover figure summarizing how much of the book moves. Fincanva shows it as the "Order plan" card on the Holdings view.

## What is in the order plan?

The order plan sorts every change into three groups: **Entering** (instruments the strategy is adding), **Exiting** (instruments it is dropping), and **Adjusted** (instruments it keeps but re-sizes). It compares the current holdings against the next rebalance's target portfolio and lists only what differs. When there is nothing to do, the card reads "No changes this rebalance".

## Defaults in Fincanva

- Groups are labelled "Entering", "Exiting", and "Adjusted"; the first time a strategy is followed, everything falls under Entering as the portfolio's first buy-in.
- The plan carries an "est. turnover" figure — an estimate of how much of the portfolio changes hands at the rebalance. It is an approximation and excludes exits, so it reads slightly low whenever instruments leave the book.
- The order plan describes a rebalance on paper: it is what the strategy's rules imply, not real orders sent to a broker (see [Portfolio](/docs/getting-started/portfolio)).
- With no changes due, the card shows "No changes this rebalance".

## Worked example

At a rebalance, a strategy drops one instrument it no longer wants, adds two that now pass its rules, and keeps three others but changes their sizes. The order plan lists those as Exiting (1), Entering (2), and Adjusted (3), and shows an estimated turnover — say "35% turnover" — as a rough gauge of how much of the book is moving. That 35% covers only the two entries and the three re-sizings: the instrument leaving is counted as a move in the list but not in the turnover figure, so the real churn is a little higher.

*The order plan describes what a strategy's rules imply, not an instruction to place anything. Fincanva provides no financial advice — see [Is this financial advice?](/docs/investing-theory/is-this-financial-advice).*