Capital Planning LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Capital Planning LLC reported 95 stock positions worth $357.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.0% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 7.7%) and Microsoft (MSFT, 7.2%). Compared with Q4 2024, it opened 8 new positions, sold out of 3, added to 24 and reduced 55. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +151%) and the biggest sale Vanguard Total Bond Market (BND, shares −97%).

Most Recent 13F
Q2 2026
Location
BELLEVUE, WA
CIK
0001790688
Portfolio Value
$357.6M (Q1 2025)
SEC Filing
0001790688-25-000005 ↗ filed Apr 29, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $306.6M Q1 2024 Q2 2024: $333.8M Q2 2024 Q3 2024: $356.7M Q3 2024 Q4 2024: $381.3M Q4 2024 Q1 2025: $357.6M $357.6M Q1 2025 Q2 2025: $318.3M Q2 2025 Q3 2025: $343.3M Q3 2025 Q4 2025: $356.9M Q4 2025 Q1 2026: $307.4M Q1 2026 Q2 2026: $343.4M Q2 2026

Holdings 95 stocks · $357.6M
IVV iShares Core S&P 500 ETF 10.97% 69,791 $39.2M Reduce -2.6%
SCHG Schwab US Large-Cap Growth 7.69% 1,097,580 $27.5M Reduce -3.6%
MSFT Microsoft Corp. 7.17% 68,260 $25.6M Add +4.5%
DGRO iShares Core Dividend Growth 6.00% 347,400 $21.5M Reduce -0.4%
PWR Quanta Services Inc. 4.30% 60,544 $15.4M Reduce -0.0%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 3.94% 109,285 $14.1M Add +0.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.42% 47,295 $12.2M Reduce -3.1%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 3.08% 35,621 $11.0M Reduce -1.1%
USMV iShares MSCI USA Min Vol Fac 3.07% 117,283 $11.0M Reduce -0.3%
VGT Vanguard Info Tech ETF 2.94% 19,368 $10.5M Reduce -2.1%
BA The Boeing Co. 2.92% 61,311 $10.5M Reduce -0.2%
VB Vanguard Most SM-Cap ETF-Usd 2.73% 43,977 $9.8M Reduce -2.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.53% 35,185 $9.0M Add +0.6%
SCHV Schwab US Large-Cap Value 2.51% 338,256 $9.0M Add +2.0%
GRW TCW Durable Growth ETF 2.01% 216,895 $7.2M Reduce -2.8%
MTUM iShares MSCI USA Momentum Fa 1.97% 34,810 $7.0M Reduce -1.9%
XLK SS Technology Select Sector 1.75% 30,388 $6.3M Reduce -1.7%
VUG Vanguard Mrngstar GR ETF-Sui 1.72% 16,562 $6.1M Add +0.5%
CGMU Cap Group Municipal Income 1.72% 228,727 $6.1M Add +12.5%
AAPL Apple Inc. 1.63% 26,271 $5.8M Reduce -3.8%
JCPB JPMorgan Core Plus Bond ETF 1.60% 121,446 $5.7M Add +36.2%
ITOT iShares Core S&P Total U.S. 1.51% 44,344 $5.4M Reduce -10.4%
SGOV iShares 0-3 Month Treasury B 1.28% 45,588 $4.6M Add +151.3%
FIXD First Trust Smith Opportunis 1.08% 88,495 $3.9M Reduce -0.9%
VIG Vanguard Dividend Apprec ETF 1.05% 19,333 $3.8M Add +3.2%
FTEC Fidelity MSCI Info Tech Indx 1.04% 23,021 $3.7M Add +1.3%
BOND PIMCO Active Bond Exchange-T 0.93% 35,851 $3.3M Add +7.1%
FBND Fidelity Total Bond ETF 0.93% 72,333 $3.3M Add +7.1%
CGCB Cap Group Core Bond 0.93% 125,865 $3.3M Add +7.1%
CGMS Cap Group US Multi-Sect Bond 0.92% 120,527 $3.3M Add +6.8%
COST Costco Wholesale Corp. 0.91% 3,427 $3.2M Reduce -8.8%
SCHM Schwab US Mid Cap ETF 0.86% 117,037 $3.1M Add +2.9%
IJR iShares Core S&P Small-Cap E 0.84% 28,740 $3.0M Add +0.8%
CGCP Cap Group Core Plus Income 0.66% 104,825 $2.4M Add +223.6%
ORCL Oracle Corp. 0.61% 15,602 $2.2M Reduce -0.8%
CGGR Cap Group Growth Equity 0.57% 59,503 $2.0M Reduce -2.4%
DFCF Dimensional Core Fixed Inc. 0.48% 40,917 $1.7M New
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.48% 69,740 $1.7M Reduce -2.5%
QQQ Invesco QQQ Trust Series 1 0.47% 3,610 $1.7M Reduce -25.5%
IEFA iShares Core MSCI Eafe ETF 0.44% 20,645 $1.6M Add +31.0%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.41% 40,632 $1.5M Reduce -2.5%
VTI VG Morningstar TS MKT ETF-US 0.39% 5,069 $1.4M Reduce -7.4%
WM Waste Management Inc. 0.38% 5,800 $1.3M Reduce -0.8%
ABBV Abbvie Inc. 0.36% 6,155 $1.3M Reduce -1.4%
SBUX Starbucks Corp. 0.35% 12,930 $1.3M Add +7.4%
BRK.B Berkshire Hathaway Inc. Class B 0.34% 2,315 $1.2M Reduce -8.4%
ABT Abbott Laboratories 0.30% 8,023 $1.1M Reduce -7.5%
DFAX Dimensional World Ex US Core 0.27% 37,077 $971K Reduce -2.2%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.26% 3,747 $943K Reduce -3.8%
BIL SS SPDR BB 1-3M T-Bill ETF 0.26% 10,098 $926K Reduce -0.1%
DFSV Dimensional US Small Cap Val 0.25% 32,111 $904K Reduce -2.9%
NVDA Nvidia Corp. 0.23% 7,651 $829K Add +0.6%
JEPI JPMorgan Equity Premium Inco 0.23% 14,187 $811K Add +46.0%
AMZN Amazon.com Inc. 0.20% 3,811 $725K Reduce -2.3%
AVGO Broadcom Inc. 0.17% 3,605 $604K Reduce -13.7%
GOOGL Alphabet Inc. Class A 0.17% 3,847 $595K Reduce -12.2%
SCHD Schwab US DVD Equity ETF 0.16% 20,195 $565K Reduce -4.7%
NFLX Netflix Inc. 0.16% 605 $564K Reduce -33.4%
SCHE Schwab Emrg Mrkts Eqty ETF 0.14% 18,555 $512K New
SCHF Schwab Intl Equity ETF 0.14% 25,666 $508K New
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.14% 2,506 $505K No change
JPM JPMorgan Chase & Co. 0.14% 2,026 $497K Reduce -14.0%
CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT 0.12% 15,652 $443K No change
MRSK Toews Agility Shares Managed 0.12% 13,231 $419K No change
V Visa Inc. Class A 0.12% 1,187 $416K Add +25.1%
VONG Vanguard Russell 1000 Growth 0.12% 4,481 $416K Reduce -16.4%
GD General Dynamics Corp. 0.12% 1,515 $413K Reduce -1.5%
IJH iShares Core S&P Midcap ETF 0.12% 7,067 $412K No change
PCAR Paccar Inc. 0.11% 4,169 $406K Reduce -1.8%
KMB Kimberly-Clark Corp. 0.11% 2,780 $399K Reduce -1.3%
BNDX Vanguard Total Intl Bond ETF 0.11% 7,995 $390K Add +90.9%
SCHO Schwab Short-Term US Treas 0.11% 15,918 $387K Add +47.4%
PM Philip Morris International 0.11% 2,400 $384K Reduce -8.2%
LBAY Leatherback Long/Short Alt Y 0.11% 14,672 $378K No change
IUSV iShares Core S&P U.S. Value 0.11% 4,073 $376K New
HD Home Depot Inc. 0.10% 948 $347K Reduce -11.7%
LLY Eli Lilly & Co. 0.09% 410 $338K Reduce -14.8%
FCN Fti Consulting Inc. 0.09% 2,005 $329K Reduce -83.3%
CORP PIMCO Inv Grade Corp. BD ETF 0.09% 3,338 $323K New
SCHX Schwab US Large-Cap ETF 0.09% 14,625 $323K Reduce -53.1%
HPQ HP Inc. 0.09% 11,048 $309K Reduce -0.5%
SYK Stryker Corp. 0.08% 800 $298K Reduce -4.9%
BND Vanguard Total Bond Market 0.08% 3,862 $284K Reduce -96.8%
CVX Chevron Corp. 0.07% 1,499 $251K Reduce -10.7%
CATH Global X S&P 500 Ca Val ETF 0.07% 3,689 $249K No change
CGHM Cap Group Muni High-Income 0.07% 9,337 $234K No change
VPLS Vanguard Core-Plus Bond ETF 0.06% 2,812 $218K Reduce -3.6%
GLD SPDR Gold Shares 0.06% 750 $216K New
GE General Electric filed as GE AEROSPACE 0.06% 1,062 $213K New
JNJ Johnson & Johnson 0.06% 1,273 $211K Reduce -16.7%
VEA Vanguard Ftse Developed ETF 0.06% 4,077 $207K Reduce -22.2%
VWO Vanguard Ftse Emerging Marke 0.06% 4,567 $207K Reduce -27.2%
JAAA Janus Henderson Aaa Clo ETF 0.06% 4,068 $206K No change
KR Kroger Co. 0.06% 3,008 $204K New
UNH Unitedhealth Group Inc. 0.06% 386 $202K Reduce -21.4%

Portfolio Sells Q4 2024 → Q1 2025
BND Vanguard Total Bond Market Reduce -96.8% 0.08% −2.17
PWR Quanta Services Inc. Reduce -0.0% 4.30% −0.72
SCHG Schwab US Large-Cap Growth Reduce -3.6% 7.69% −0.64
FCN Fti Consulting Inc. Reduce -83.3% 0.09% −0.51
VGT Vanguard Info Tech ETF Reduce -2.1% 2.94% −0.29
QQQ Invesco QQQ Trust Series 1 Reduce -25.5% 0.47% −0.18
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -1.1% 3.08% −0.17
AAPL Apple Inc. Reduce -3.8% 1.63% −0.16
ITOT iShares Core S&P Total U.S. Reduce -10.4% 1.51% −0.16
SCHA Schwab US Small-Cap ETF Sold out 0.00% −0.13
XLK SS Technology Select Sector Reduce -1.7% 1.75% −0.13
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.1% 2.73% −0.10
SCHX Schwab US Large-Cap ETF Reduce -53.1% 0.09% −0.10
IVV iShares Core S&P 500 ETF Reduce -2.6% 10.97% −0.09
AVGO Broadcom Inc. Reduce -13.7% 0.17% −0.09
ORCL Oracle Corp. Reduce -0.8% 0.61% −0.08
IFLN Invesco Bloomberg Enhanced F Sold out 0.00% −0.08
AXP American Express Co. Sold out 0.00% −0.06
NFLX Netflix Inc. Reduce -33.4% 0.16% −0.05
GOOGL Alphabet Inc. Class A Reduce -12.2% 0.17% −0.05
VONG Vanguard Russell 1000 Growth Reduce -16.4% 0.12% −0.03
VTI VG Morningstar TS MKT ETF-US Reduce -7.4% 0.39% −0.03
CGGR Cap Group Growth Equity Reduce -2.4% 0.57% −0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -3.8% 0.26% −0.02
AMZN Amazon.com Inc. Reduce -2.3% 0.20% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -27.2% 0.06% −0.01
DFSV Dimensional US Small Cap Val Reduce -2.9% 0.25% −0.01
HD Home Depot Inc. Reduce -11.7% 0.10% −0.01
HPQ HP Inc. Reduce -0.5% 0.09% −0.01
JPM JPMorgan Chase & Co. Reduce -14.0% 0.14% −0.01
UNH Unitedhealth Group Inc. Reduce -21.4% 0.06% −0.01
VEA Vanguard Ftse Developed ETF Reduce -22.2% 0.06% −0.01
PCAR Paccar Inc. Reduce -1.8% 0.11% −0.01
LLY Eli Lilly & Co. Reduce -14.8% 0.09% −0.00
JNJ Johnson & Johnson Reduce -16.7% 0.06% +0.00
VPLS Vanguard Core-Plus Bond ETF Reduce -3.6% 0.06% +0.00
COST Costco Wholesale Corp. Reduce -8.8% 0.91% +0.00
SYK Stryker Corp. Reduce -4.9% 0.08% +0.00
SCHD Schwab US DVD Equity ETF Reduce -4.7% 0.16% +0.01
CVX Chevron Corp. Reduce -10.7% 0.07% +0.01
GD General Dynamics Corp. Reduce -1.5% 0.12% +0.01
KMB Kimberly-Clark Corp. Reduce -1.3% 0.11% +0.01
CGXU Cap Group Intl Focus Reduce -2.5% 0.48% +0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -0.1% 0.26% +0.02
CGDV Cap Group Dividend Value Reduce -2.5% 0.41% +0.02
PM Philip Morris International Reduce -8.2% 0.11% +0.02
DFAX Dimensional World Ex US Core Reduce -2.2% 0.27% +0.02
ABT Abbott Laboratories Reduce -7.5% 0.30% +0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -3.1% 3.42% +0.04
MTUM iShares MSCI USA Momentum Fa Reduce -1.9% 1.97% +0.04

Portfolio Buys Q4 2024 → Q1 2025
SGOV iShares 0-3 Month Treasury B Add +151.3% 1.28% +0.81
JCPB JPMorgan Core Plus Bond ETF Add +36.2% 1.60% +0.52
DFCF Dimensional Core Fixed Inc. New 0.48% +0.48
CGCP Cap Group Core Plus Income Add +223.6% 0.66% +0.47
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +0.8% 3.94% +0.38
CGMU Cap Group Municipal Income Add +12.5% 1.72% +0.28
SCHV Schwab US Large-Cap Value Add +2.0% 2.51% +0.25
IEFA iShares Core MSCI Eafe ETF Add +31.0% 0.44% +0.15
SCHE Schwab Emrg Mrkts Eqty ETF New 0.14% +0.14
SCHF Schwab Intl Equity ETF New 0.14% +0.14
CGCB Cap Group Core Bond Add +7.1% 0.93% +0.13
BOND PIMCO Active Bond Exchange-T Add +7.1% 0.93% +0.13
FBND Fidelity Total Bond ETF Add +7.1% 0.93% +0.13
CGMS Cap Group US Multi-Sect Bond Add +6.8% 0.92% +0.11
IUSV iShares Core S&P U.S. Value New 0.11% +0.11
CORP PIMCO Inv Grade Corp. BD ETF New 0.09% +0.09
VIG Vanguard Dividend Apprec ETF Add +3.2% 1.05% +0.09
JEPI JPMorgan Equity Premium Inco Add +46.0% 0.23% +0.08
SBUX Starbucks Corp. Add +7.4% 0.35% +0.07
GLD SPDR Gold Shares New 0.06% +0.06
GE General Electric New 0.06% +0.06
KR Kroger Co. New 0.06% +0.06
BNDX Vanguard Total Intl Bond ETF Add +90.9% 0.11% +0.06
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.6% 2.53% +0.05
SCHO Schwab Short-Term US Treas Add +47.4% 0.11% +0.04
V Visa Inc. Class A Add +25.1% 0.12% +0.04
SCHM Schwab US Mid Cap ETF Add +2.9% 0.86% +0.03
IJR iShares Core S&P Small-Cap E Add +0.8% 0.84% −0.02
NVDA Nvidia Corp. Add +0.6% 0.23% −0.04
MSFT Microsoft Corp. Add +4.5% 7.17% −0.05
VUG Vanguard Mrngstar GR ETF-Sui Add +0.5% 1.72% −0.06
FTEC Fidelity MSCI Info Tech Indx Add +1.3% 1.04% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 88$343.4MIVV, SCHG, MSFT, DGRO, VV
Q1 2026 82$307.4MIVV, SCHG, MSFT, DGRO, VV
Q4 2025 84$356.9MIVV, MSFT, PWR, SCHG, DGRO
Q3 2025 79$343.3MIVV, MSFT, SCHG, PWR, DGRO
Q2 2025 79$318.3MIVV, MSFT, SCHG, PWR, DGRO
Q1 2025 95$357.6MIVV, SCHG, MSFT, DGRO, PWR
Q4 2024 90$381.3MIVV, SCHG, MSFT, DGRO, PWR
Q3 2024 87$356.7MIVV, SCHG, MSFT, DGRO, PWR
Q2 2024 80$333.8MIVV, SCHG, MSFT, DGRO, PWR
Q1 2024 81$306.6MIVV, SCHG, MSFT, DGRO, PWR