Sample Pilot Outcome Report
A completed pilot produces a structured report covering the transition analysis, trade recommendations, metric comparison, hard-constraint audit, and a short readout memo. This page describes what that looks like and includes a downloadable sample.
Sample report: Single Mega Winner case
The lead example is a large single appreciated position under a $500K realized-gains budget transitioning into a benchmark-aware custom indexed portfolio.
Representative example deliverable — structure and depth of a completed pilot engagement.
What a completed pilot typically delivers
Each pilot is scoped to one concentrated-position transition problem. The deliverable is a self-contained report covering five components.
Transition analysis summary
Documents the portfolio problem, assumptions, and constraint setup — holdings, tax lots, gains budget, benchmark target, and implementation rules — so the evaluation basis is explicit.
Baseline versus optimized metric comparison
Side-by-side comparison under the same realized-gains budget and constraint set: TE proxy, sell ticket count, sell turnover, and realized gains for both the baseline heuristic and the constraint-aware workflow.
Trade recommendations
Illustrative sell instruction with tax-lot selection and realized-gain estimate, plus top buy instructions by notional from the optimized workflow. Anonymized and representative for pilot purposes.
Hard-constraint audit
Confirms whether the proposed transition preserved each hard constraint: gains budget maintained, holdings-count target met, no hard violations, restricted names honored.
Short readout memo
A brief narrative translating the quantitative result into an implementation decision for the specific transition case evaluated. Written for a portfolio team, not a technical audience.
Why this matters for an implementation team
The gains budget, tracking quality, and implementation simplicity all appear in the same comparison. That is the point.
What the report shows
- The gains budget was used on the primary concentration problem, not spread across peripheral sells
- Tracking quality was preserved or improved while touching fewer sell tickets
- The result is easier to explain and easier to implement cleanly in a taxable account
- Every hard constraint held across both the baseline and the optimized workflow
Supporting scenarios
The Single Mega Winner case is the lead example. The Tight Gains Budget and Concentrated With Losses cases are included as supporting examples confirming the direction under different constraint structures.
See concentrated appreciated position transitions for a fuller description of the problem structure, or the transition analysis page for what the analytical process evaluates.
Ready to discuss a private pilot for a specific transition case?
Initial conversations are narrow and practical: one concentrated-position transition problem, discussed in enough detail to evaluate mutual fit.