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Following more than one Portfolio: how allocations work, what buying power limits, and why one Pilot subscription covers all of that Pilot's Portfolios

How following more than one Portfolio works: allocations, buying power, and one Pilot subscription.

Chris Josephs8 min read

I'm Chris, co-founder of Autopilot. Most people start with one Portfolio. Then they find a second Pilot they like, and the questions start: can I run both, does each need its own money, do I pay twice, and what happens when two Portfolios want the same stock. Here's how following more than one actually works in the account.

One thing first, because we're an SEC-registered investment adviser and I have to say it. Autopilot is the app. The actual investment advice comes from Autopilot Advisers, LLC. If you want the full legal version of anything in here, it's on our disclaimer page.

1) Yes, and each one gets its own allocation

With an active paid subscription you can follow as many Portfolios as you want, as long as the buying power exists in your brokerage to fund them. You give Autopilot Advisers limited authority to send orders to that account; when a Portfolio changes, we send them and your broker fills them. Each Portfolio gets its own allocation, which is its own instruction: this much of the account follows this Portfolio. The allocations are independent. Raising one doesn't lower another, and withdrawing from one doesn't touch the others. On Basic Tier you can set up as many Portfolios as you like too, but only the initial holdings are placed for each; the following isn't on. Which tier does what is in Subscriptions, plainly: what Basic Tier does, what Premium Tier does, and why one Pilot subscription covers all of that Pilot's Portfolios.

2) How to add one

On the home screen, tap the plus icon, choose a Pilot and a Portfolio, follow the flow to set an allocation, and start. The new allocation has to be real buying power at your brokerage; if you allocate more than is available, the orders can't fill and you'll see a phantom cash line in the app. Add money at your brokerage first, then allocate, not the other way around.

3) Buying power is the constraint

Every allocation draws on the same pool: the settled buying power in your brokerage account. Two Portfolios can't both be funded by the same dollars. If your brokerage account has margin enabled, our orders may use margin buying power based on your allocations and your account's margin settings, which is a reason to know exactly what you've allocated in total across all your Portfolios and to read Autopilot and margin: what happens if your brokerage account has margin enabled, and how to make sure you're only investing cash.

4) One Pilot subscription, all of that Pilot's Portfolios

Subscriptions are tied to Pilots, not to Portfolios. If you subscribe to a Pilot who publishes several Portfolios, one subscription covers all of them, and you can follow two or three of them at once without paying again. Premium Tier covers the Autopilot-run Portfolios the same way. Following Portfolios from two different third-party Pilots means two Pilot subscriptions. The app's subscribe button is how it tells you a Portfolio belongs to a Pilot you haven't subscribed to.

5) Judge them as one account

Two Portfolios that each look diversified can add up to a concentrated account if they lean the same way. Before adding a second, read both fact sheets, where one is published, and ask what the combination actually holds: two AI-heavy Portfolios are one big AI bet with two names on it. That's not a reason not to do it; it's a reason to know it. And when you do the quarterly check I keep recommending, check the allocations together, not one at a time. How to weigh any Portfolio is in How to choose which investor to follow: attribution, survivorship, concentration, and when to stop, and the lineup is in Every hedge fund and Wall Street Portfolio you can follow on Autopilot, and how each one works.

Frequently asked questions

Can I follow more than one Portfolio on Autopilot at once?

Yes. With an active paid subscription you can follow as many Portfolios as you want, each with its own independent allocation, as long as your brokerage has the buying power to fund them. On Basic Tier you can set up multiple Portfolios, but only the initial holdings are placed; ongoing following requires a paid subscription.

How do I add a second Portfolio in the Autopilot app?

Tap the plus icon on the home screen, choose a Pilot and a Portfolio, follow the flow to set an allocation, and start. Make sure the allocation is real settled buying power at your brokerage; allocating more than is available leaves orders unfilled and shows a cash line that isn't real.

Do I need buying power for each Portfolio I follow?

Yes. Every allocation draws on the same pool of settled buying power in your brokerage account, and two Portfolios can't be funded by the same dollars. If your account has margin enabled, orders may use margin buying power based on your allocations and your brokerage's margin settings, so know your total allocation across all Portfolios.

Can I follow two Portfolios from the same Pilot with one subscription?

Yes. Subscriptions are tied to Pilots, so one subscription to a Pilot covers every Portfolio that Pilot publishes, and you can follow several of them at once without paying again. Premium Tier covers the Autopilot-run Portfolios the same way. Portfolios from two different third-party Pilots need two Pilot subscriptions.

TLDR

Follow as many as you like on a paid tier, each with its own allocation, funded by real buying power at your brokerage. One Pilot subscription covers all of that Pilot's Portfolios; two Pilots means two subscriptions. Two Portfolios are one account, so read them together, and know your total allocation if your account has margin.

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Since Autopilot Advisers is an SEC-registered investment adviser, we have to put disclaimers on stuff like this. They're below, and the full version is on our disclaimer page.


Disclosures

© Autopilot Holdings Corporation 2026 — All rights reserved. “Autopilot” refers to Autopilot Holdings Corporation and its wholly-owned, and separately managed subsidiaries, including Autopilot Advisers, LLC, an SEC-registered investment adviser. All investing is subject to investment risks, including possible loss of the principal invested, and past performance is not indicative of future results. View our Customer Relationship Summary and other important information at joinautopilot.com/disclaimer.

This information is provided by Autopilot for educational and illustrative purposes only and is not a recommendation, an offer to sell or the solicitation to buy any security. Autopilot relies on information from various sources believed to be reliable, including information from Clients, Pilots and other third parties, but cannot guarantee the accuracy or completeness of that information. Autopilot does not provide tax or legal advice and you are encouraged to consult with professionals before making investment decisions.

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Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results. You should carefully consider your investment objectives, risk tolerance, and time horizon before investing through Autopilot.

Autopilot Advisers, LLC is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Additional information about Autopilot is available in our Form ADV Part 2A, available at adviserinfo.sec.gov or joinautopilot.com/adv.

Autopilot provides limited investment advisory services focused on Portfolio selection and suitability assessment. Our services are not intended to replace comprehensive financial planning. We recommend consulting with a qualified financial advisor regarding your complete financial situation.

This content is provided for educational and informational purposes only. It does not constitute investment, legal, or tax advice and should not be relied upon as the basis for any investment decision. You should consult with qualified professionals regarding your specific circumstances.

Autopilot does not provide tax, legal, or accounting advice. You should consult with qualified tax and legal professionals regarding your specific circumstances.

Autopilot does not hold client assets. All investments are held at the brokerage firm you select and connect to Autopilot. Your brokerage firm is responsible for trade execution, custody, and reporting. Autopilot is not responsible for your broker-dealer’s services, fees, or execution quality.

Autopilot’s services depend on technology systems, third-party APIs, and internet connectivity. System outages, API disruptions, or connectivity issues may temporarily affect service availability or trade execution timing.

Client account holdings are designed to track the Portfolio you’ve selected, but your actual holdings and performance may differ from the Portfolio due to execution timing, market conditions, brokerage capacity constraints, fractional share availability, and other factors outside Autopilot’s control.

For Portfolios inspired by publicly disclosed trading activity, there may be a delay between when a Pilot executes a trade and when that trade becomes publicly available and is incorporated into the Portfolio. This timing delay may affect the suitability or performance of trades when executed in client accounts.

Descriptions of allocations, tiers, and subscriptions follow Autopilot's public help center and website FAQ as of the publish date. Margin availability and settings are controlled by your brokerage. Nothing here is a recommendation to follow any Portfolio or combination, or a claim about results.