Capital Planning LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Capital Planning LLC reported 84 stock positions worth $356.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.8% of the portfolio, followed by Microsoft (MSFT, 7.3%) and Quanta Services (PWR, 7.3%). Compared with Q3 2025, it opened 6 new positions, sold out of 1, added to 34 and reduced 23. The biggest buy was a new position in Akre Focus ETF (AKRE) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −2%).

Most Recent 13F
Q2 2026
Location
BELLEVUE, WA
CIK
0001790688
Portfolio Value
$356.9M (Q4 2025)
SEC Filing
0001790688-26-000001 ↗ filed Jan 23, 2026

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 Q1 2025 Q2 2025: $318.3M Q2 2025 Q3 2025: $343.3M Q3 2025 Q4 2025: $356.9M $356.9M Q4 2025 Q1 2026: $307.4M Q1 2026 Q2 2026: $343.4M Q2 2026

Holdings 84 stocks · $356.9M
IVV iShares Core S&P 500 ETF 12.83% 66,730 $45.8M Reduce -2.1%
MSFT Microsoft Corp. 7.34% 55,416 $26.2M Add +0.6%
PWR Quanta Services Inc. 7.30% 59,225 $26.0M Reduce -0.1%
SCHG Schwab US Large-Cap Growth 7.18% 788,940 $25.6M Add +0.1%
DGRO iShares Core Dividend Growth 4.67% 238,974 $16.7M Reduce -0.5%
VGT Vanguard Info Tech ETF 3.51% 16,568 $12.5M Reduce -2.4%
VB Vanguard Most SM-Cap ETF-Usd 3.30% 45,004 $11.8M Add +0.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 3.23% 36,587 $11.5M Add +3.4%
BA The Boeing Co. 3.22% 50,451 $11.5M Reduce -2.3%
USMV iShares MSCI USA Min Vol Fac 3.05% 116,412 $10.9M Reduce -0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.81% 34,259 $10.0M Add +2.0%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 2.66% 23,087 $9.5M Add +1.8%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 2.48% 62,216 $8.9M Add +4.5%
XLK SS Technology Select Sector 2.43% 60,136 $8.7M No change
MTUM iShares MSCI USA Momentum Fa 2.35% 33,137 $8.4M Reduce -1.6%
VUG Vanguard Mrngstar GR ETF-Sui 2.32% 17,058 $8.3M Add +2.4%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 2.09% 114,952 $7.5M New
ITOT iShares Core S&P Total U.S. 1.85% 44,359 $6.6M Reduce -1.5%
AAPL Apple Inc. 1.67% 21,996 $6.0M Reduce -0.6%
GRW TCW Durable Growth ETF 1.64% 188,567 $5.9M Reduce -9.2%
FTEC Fidelity MSCI Info Tech Indx 1.49% 23,652 $5.3M Add +0.8%
CGMU Cap Group Municipal Income 1.38% 179,441 $4.9M Add +0.8%
VIG Vanguard Dividend Apprec ETF 1.35% 21,785 $4.8M Add +4.0%
FIXD First Trust Smith Opportunis 1.26% 101,225 $4.5M Add +1.0%
JCPB JPMorgan Core Plus Bond ETF 1.24% 93,233 $4.4M Add +1.0%
SCHM Schwab US Mid Cap ETF 1.17% 137,352 $4.2M Add +14.3%
IJR iShares Core S&P Small-Cap E 1.07% 31,409 $3.8M Add +3.8%
ABBV Abbvie Inc. 1.03% 15,986 $3.7M No change
ORCL Oracle Corp. 0.88% 16,023 $3.1M Add +2.7%
COST Costco Wholesale Corp. 0.85% 3,568 $3.0M No change
QQQ Invesco QQQ Trust Series 1 0.65% 3,805 $2.3M Reduce -19.4%
ABT Abbott Laboratories 0.65% 18,758 $2.3M Add +135.1%
SGOV iShares 0-3 Month Treasury B 0.63% 22,353 $2.2M Reduce -9.4%
SPYI Neos S&P 500 High Income ETF 0.44% 29,712 $1.6M Add +55.2%
VTI VG Morningstar TS MKT ETF-US 0.42% 4,491 $1.5M No change
AVGO Broadcom Inc. 0.39% 4,016 $1.4M Add +0.8%
WM Waste Management Inc. 0.35% 5,800 $1.3M No change
BRK.B Berkshire Hathaway Inc. Class B 0.34% 2,449 $1.2M Reduce -0.2%
VONG Vanguard Russell 1000 Growth 0.28% 8,178 $993K Add +17.7%
SBUX Starbucks Corp. 0.27% 11,271 $946K Reduce -0.8%
CGGR Cap Group Growth Equity 0.26% 21,077 $939K Add +0.0%
NVDA Nvidia Corp. 0.26% 4,961 $937K Add +8.5%
CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT 0.26% 26,614 $935K Add +81.9%
BIL SS SPDR BB 1-3M T-Bill ETF 0.26% 10,230 $935K Reduce -0.1%
EXPE Expedia Group Inc. 0.26% 3,241 $917K New
IEFA iShares Core MSCI Eafe ETF 0.23% 9,069 $819K Add +75.8%
GOOGL Alphabet Inc. Class A 0.21% 2,413 $760K Reduce -0.3%
VEA Vanguard Ftse Developed ETF 0.20% 11,471 $725K Add +27.1%
AMZN Amazon.com Inc. 0.19% 3,054 $692K Add +2.1%
VONV Vanguard Russell 1000 Value 0.18% 6,952 $647K Add +43.9%
CGCP Cap Group Core Plus Income 0.18% 28,254 $640K No change
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.18% 2,506 $629K No change
SCHD Schwab US DVD Equity ETF 0.17% 22,150 $614K Add +30.3%
SCHX Schwab US Large-Cap ETF 0.15% 19,289 $520K Reduce -49.7%
SCHF Schwab Intl Equity ETF 0.14% 21,243 $517K Add +19.2%
CGHM Cap Group Muni High-Income 0.14% 20,122 $513K No change
QQQI Neos Nasdaq-100 High Inc. ETF 0.14% 9,322 $501K Add +52.3%
IJH iShares Core S&P Midcap ETF 0.13% 7,067 $473K No change
PCAR Paccar Inc. 0.13% 4,169 $471K No change
GE General Electric filed as GE AEROSPACE 0.13% 1,406 $451K Add +32.4%
LLY Eli Lilly & Co. 0.12% 411 $444K Add +0.2%
JEPI JPMorgan Equity Premium Inco 0.12% 7,397 $427K Reduce -29.6%
VWO Vanguard Ftse Emerging Marke 0.12% 7,671 $421K Add +15.0%
MRSK Toews Agility Shares Managed 0.11% 11,069 $409K Reduce -6.8%
CATH Global X S&P 500 Ca Val ETF 0.11% 4,937 $408K Add +34.9%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.11% 9,057 $398K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.11% 11,410 $382K Reduce -45.6%
LBAY Leatherback Long/Short Alt Y 0.09% 14,001 $339K Reduce -0.7%
HD Home Depot Inc. 0.09% 904 $313K Reduce -4.5%
CLS Celestica Inc. 0.08% 993 $300K No change
GLD SPDR Gold Shares 0.08% 750 $299K No change
APH Amphenol Corp. Class A 0.08% 2,122 $297K Reduce -10.5%
JPM JPMorgan Chase & Co. 0.08% 883 $287K No change
BND Vanguard Total Bond Market 0.08% 3,857 $286K No change
META Meta Platforms Inc. Class A 0.08% 436 $284K No change
V Visa Inc. Class A 0.08% 787 $273K No change
CGMS Cap Group US Multi-Sect Bond 0.07% 9,674 $267K New
BNDX Vanguard Total Intl Bond ETF 0.07% 5,396 $261K New
HPQ HP Inc. 0.07% 11,008 $243K No change
AXP American Express Co. 0.06% 600 $224K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 767 $224K No change
IFLN Invesco Bloomberg Enhanced F 0.06% 11,916 $222K New
VPLS Vanguard Core-Plus Bond ETF 0.06% 2,812 $220K No change
IEMG iShares Core MSCI Emerging 0.06% 3,145 $217K No change

Portfolio Sells Q3 2025 → Q4 2025
IVV iShares Core S&P 500 ETF Reduce -2.1% 12.83% −0.46
GRW TCW Durable Growth ETF Reduce -9.2% 1.64% −0.29
USMV iShares MSCI USA Min Vol Fac Reduce -0.6% 3.05% −0.19
VGT Vanguard Info Tech ETF Reduce -2.4% 3.51% −0.18
QQQ Invesco QQQ Trust Series 1 Reduce -19.4% 0.65% −0.17
MTUM iShares MSCI USA Momentum Fa Reduce -1.6% 2.35% −0.17
SCHX Schwab US Large-Cap ETF Reduce -49.7% 0.15% −0.15
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -45.6% 0.11% −0.10
SGOV iShares 0-3 Month Treasury B Reduce -9.4% 0.63% −0.09
FCN Fti Consulting Inc. Sold out 0.00% −0.09
DGRO iShares Core Dividend Growth Reduce -0.5% 4.67% −0.09
ITOT iShares Core S&P Total U.S. Reduce -1.5% 1.85% −0.06
JEPI JPMorgan Equity Premium Inco Reduce -29.6% 0.12% −0.06
BA The Boeing Co. Reduce -2.3% 3.22% −0.03
HD Home Depot Inc. Reduce -4.5% 0.09% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.2% 0.34% −0.02
SBUX Starbucks Corp. Reduce -0.8% 0.27% −0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -0.1% 0.26% −0.01
MRSK Toews Agility Shares Managed Reduce -6.8% 0.11% −0.01
LBAY Leatherback Long/Short Alt Y Reduce -0.7% 0.09% −0.01
APH Amphenol Corp. Class A Reduce -10.5% 0.08% −0.00
AAPL Apple Inc. Reduce -0.6% 1.67% +0.03
GOOGL Alphabet Inc. Class A Reduce -0.3% 0.21% +0.04
PWR Quanta Services Inc. Reduce -0.1% 7.30% +0.14

Portfolio Buys Q3 2025 → Q4 2025
AKRE Akre Focus ETF New 2.09% +2.09
ABT Abbott Laboratories Add +135.1% 0.65% +0.34
EXPE Expedia Group Inc. New 0.26% +0.26
SPYI Neos S&P 500 High Income ETF Add +55.2% 0.44% +0.15
SCHM Schwab US Mid Cap ETF Add +14.3% 1.17% +0.14
CGGO Cap Group Global Growth Add +81.9% 0.26% +0.12
IEFA iShares Core MSCI Eafe ETF Add +75.8% 0.23% +0.10
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +4.5% 2.48% +0.08
CGMS Cap Group US Multi-Sect Bond New 0.07% +0.07
BNDX Vanguard Total Intl Bond ETF New 0.07% +0.07
AXP American Express Co. New 0.06% +0.06
IFLN Invesco Bloomberg Enhanced F New 0.06% +0.06
VONV Vanguard Russell 1000 Value Add +43.9% 0.18% +0.06
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +3.4% 3.23% +0.05
VEA Vanguard Ftse Developed ETF Add +27.1% 0.20% +0.05
QQQI Neos Nasdaq-100 High Inc. ETF Add +52.3% 0.14% +0.04
SCHD Schwab US DVD Equity ETF Add +30.3% 0.17% +0.04
VONG Vanguard Russell 1000 Growth Add +17.7% 0.28% +0.03
GE General Electric Add +32.4% 0.13% +0.03
LLY Eli Lilly & Co. Add +0.2% 0.12% +0.03
CATH Global X S&P 500 Ca Val ETF Add +34.9% 0.11% +0.03
VIG Vanguard Dividend Apprec ETF Add +4.0% 1.35% +0.02
SCHF Schwab Intl Equity ETF Add +19.2% 0.14% +0.02
IJR iShares Core S&P Small-Cap E Add +3.8% 1.07% +0.02
NVDA Nvidia Corp. Add +8.5% 0.26% +0.01
VWO Vanguard Ftse Emerging Marke Add +15.0% 0.12% +0.01
AVGO Broadcom Inc. Add +0.8% 0.39% +0.01
AMZN Amazon.com Inc. Add +2.1% 0.19% +0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +1.8% 2.66% −0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +2.4% 2.32% −0.01
CGGR Cap Group Growth Equity Add +0.0% 0.26% −0.01
VB Vanguard Most SM-Cap ETF-Usd Add +0.9% 3.30% −0.01
FTEC Fidelity MSCI Info Tech Indx Add +0.8% 1.49% −0.03
CGMU Cap Group Municipal Income Add +0.8% 1.38% −0.04
JCPB JPMorgan Core Plus Bond ETF Add +1.0% 1.24% −0.04
FIXD First Trust Smith Opportunis Add +1.0% 1.26% −0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +2.0% 2.81% −0.08
SCHG Schwab US Large-Cap Growth Add +0.1% 7.18% −0.14
ORCL Oracle Corp. Add +2.7% 0.88% −0.40
MSFT Microsoft Corp. Add +0.6% 7.34% −0.96

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