--- title: "What is an allocation in LUSID?" slug: "what-is-an-allocation-in-lusid" updated: 2025-04-10T15:06:41Z published: 2025-04-10T15:06:41Z canonical: "support.lusid.com/what-is-an-allocation-in-lusid" --- > ## Documentation Index > Fetch the complete documentation index at: https://support.lusid.com/llms.txt > Use this file to discover all available pages before exploring further. # What is an allocation in LUSID? An allocation in LUSID represents the distribution of [fills in an execution](/v1/docs/what-is-an-execution-in-lusid) to one or more orders that form the [block](/v1/docs/what-is-order-blocking-in-lusid) that was placed. For example, as a Portfolio Manager, you might have previously created two orders for two different portfolios, which a Trader has placed: one order for 100 AAPL US equity shares and a second order for 150 AAPL US equity shares. Having received fills for all 250 shares, LUSID allocates 40% of the shares to Portfolio A and 60% to Portfolio B. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(711).png?sv=2026-02-06&spr=https&st=2026-10-12T06%3A24%3A24Z&se=2026-10-12T07%3A24%3A24Z&sr=c&sp=r&sig=rBhYkLwbU3JCSHFglKqKlpQ%2B1Z584M4MV7J6bIqpOHY%3D) Allocations are continuously updated as LUSID receives executions. Fills can be allocated before a placement is 100% executed. You can automatically allocate executions to your portfolios using two methods: - Based on the number of executions received back against the placements made. - Using more complex allocation algorithms. [Read more on using LUSID's allocation algorithms.](/v1/docs/allocating-fills-automatically-using-allocation-algorithms) Once one or more executions are allocated to a portfolio, the allocation can be booked as (that is, converted into) a transaction at any time. You can automate transaction booking in a way that suits you, such as booking transactions at market close, or when an order reaches 100% filled. [See how to allocate executions.](/v1/docs/how-do-i-allocate-blocks)