# EDGAR Filing Document

**Accession Number:** 0001790688
**File Stem:** 0001790688-25-000006
**Filing Date:** 2025-7
**Character Count:** 12954
**Document Hash:** 5949dd28836b04e616997b6d0dae9593
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001790688-25-000006.hdr.sgml**: 20250721

**ACCESSION NUMBER**: 0001790688-25-000006

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250721

**DATE AS OF CHANGE**: 20250721

**EFFECTIVENESS DATE**: 20250721

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capital Planning LLC
- **CENTRAL INDEX KEY:** 0001790688

**ORGANIZATION NAME:**
- **EIN:** 464134688
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20982
- **FILM NUMBER:** 251136605

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 NE 4TH ST.
- **STREET 2:** SUITE 2300
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004
- **BUSINESS PHONE:** 425-643-1800

**MAIL ADDRESS:**
- **STREET 1:** 10900 NE 4TH ST.
- **STREET 2:** SUITE 2300
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Capital Planning LLC<br>**Address:** 10900 NE 4TH ST.<br>SUITE 2300<br>BELLEVUE, WA 98004

**Form 13F File Number:** 028-20982

**CRD Number (if applicable):** 000169470

**SEC File Number (if applicable):** 801-79115

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Michael D. Miller<br>**Title:** Chief Executive Officer and Chief Compliance Officer<br>**Phone:** 425-643-1800

**Signature, Place, and Date of Signing:**

Michael D. Miller  Bellevue, WA  07-21-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 79

**Form 13F Information Table Value Total:** $318277623

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | Common Stock | 002824100 |  | 479163 | 3523 | SH |  | SOLE |  | 0 | 0 | 3523 |
| AbbVie Inc | Common Stock | 00287Y109 |  | 214391 | 1155 | SH |  | SOLE |  | 0 | 0 | 1155 |
| Alphabet Inc A | Common Stock | 02079K305 |  | 417436 | 2369 | SH |  | SOLE |  | 0 | 0 | 2369 |
| Amazon.com Inc | Common Stock | 023135106 |  | 656415 | 2992 | SH |  | SOLE |  | 0 | 0 | 2992 |
| Amphenol Corp | Common Stock | 032095101 |  | 234296 | 2369 | SH |  | SOLE |  | 0 | 0 | 2369 |
| Apple Inc | Common Stock | 037833100 |  | 4601903 | 22430 | SH |  | SOLE |  | 0 | 0 | 22430 |
| Berkshire Hathaway Inc B | Common Stock | 084670702 |  | 1192565 | 2455 | SH |  | SOLE |  | 0 | 0 | 2455 |
| Boeing Co | Common Stock | 097023105 |  | 11151896 | 53223 | SH |  | SOLE |  | 0 | 0 | 53223 |
| Broadcom Inc Com | Common Stock | 11135F101 |  | 1097914 | 3983 | SH |  | SOLE |  | 0 | 0 | 3983 |
| Capital Group Core Plus Income ETF | Exchange Traded Fund | 14020Y102 |  | 635713 | 28254 | SH |  | SOLE |  | 0 | 0 | 28254 |
| Capital Group Dividend Value ETF | Exchange Traded Fund | 14020W106 |  | 358851 | 9057 | SH |  | SOLE |  | 0 | 0 | 9057 |
| Capital Group Global Growth Equity ETF | Exchange Traded Fund | 14020X104 |  | 472230 | 14632 | SH |  | SOLE |  | 0 | 0 | 14632 |
| Capital Group Growth ETF | Exchange Traded Fund | 14020G101 |  | 856622 | 21073 | SH |  | SOLE |  | 0 | 0 | 21073 |
| Capital Group Municipal High-Income ETF | Exchange Traded Fund | 14020Y805 |  | 230017 | 9337 | SH |  | SOLE |  | 0 | 0 | 9337 |
| Capital Group Municipal Income ETF | Exchange Traded Fund | 14020Y201 |  | 5891070 | 220722 | SH |  | SOLE |  | 0 | 0 | 220722 |
| Costco Wholesale Corp | Common Stock | 22160K105 |  | 3531555 | 3567 | SH |  | SOLE |  | 0 | 0 | 3567 |
| Eli Lilly and Co | Common Stock | 532457108 |  | 319573 | 410 | SH |  | SOLE |  | 0 | 0 | 410 |
| Fidelity MSCI Information Tech ETF | Exchange Traded Fund | 316092808 |  | 4571757 | 23181 | SH |  | SOLE |  | 0 | 0 | 23181 |
| First Trust Smith Opportnstc Fxd Inc ETF | Exchange Traded Fund | 33740F805 |  | 4079268 | 92943 | SH |  | SOLE |  | 0 | 0 | 92943 |
| FTI Consulting Inc | Common Stock | 302941109 |  | 323808 | 2005 | SH |  | SOLE |  | 0 | 0 | 2005 |
| GE Aerospace | Common Stock | 369604301 |  | 273348 | 1062 | SH |  | SOLE |  | 0 | 0 | 1062 |
| Global X S 500 Catholic Values ETF | Exchange Traded Fund | 37954Y889 |  | 277265 | 3661 | SH |  | SOLE |  | 0 | 0 | 3661 |
| HP Inc | Common Stock | 40434L105 |  | 272441 | 11008 | SH |  | SOLE |  | 0 | 0 | 11008 |
| International Business Machines Corp | Common Stock | 459200101 |  | 226096 | 767 | SH |  | SOLE |  | 0 | 0 | 767 |
| Invesco Fundamental Hi Yld Corp Bd ETF | Exchange Traded Fund | 46138E719 |  | 232504 | 12595 | SH |  | SOLE |  | 0 | 0 | 12595 |
| Invesco QQQ Trust | Exchange Traded Fund | 46090E103 |  | 2588130 | 4687 | SH |  | SOLE |  | 0 | 0 | 4687 |
| iShares Core Dividend Growth ETF | Exchange Traded Fund | 46434V621 |  | 15487351 | 242217 | SH |  | SOLE |  | 0 | 0 | 242217 |
| iShares Core MSCI EAFE ETF | Exchange Traded Fund | 46432F842 |  | 430673 | 5159 | SH |  | SOLE |  | 0 | 0 | 5159 |
| iShares Core S 500 ETF | Exchange Traded Fund | 464287200 |  | 42709207 | 68786 | SH |  | SOLE |  | 0 | 0 | 68786 |
| iShares Core S Mid-Cap ETF | Exchange Traded Fund | 464287507 |  | 438295 | 7067 | SH |  | SOLE |  | 0 | 0 | 7067 |
| iShares Core S Small-Cap ETF | Exchange Traded Fund | 464287804 |  | 3300995 | 30204 | SH |  | SOLE |  | 0 | 0 | 30204 |
| iShares Core S Total US Stock Mkt ETF | Exchange Traded Fund | 464287150 |  | 5938266 | 43974 | SH |  | SOLE |  | 0 | 0 | 43974 |
| iShares MSCI USA Min Vol Factor ETF | Exchange Traded Fund | 46429B697 |  | 10883100 | 115938 | SH |  | SOLE |  | 0 | 0 | 115938 |
| iShares MSCI USA Momentum Factor ETF | Exchange Traded Fund | 46432F396 |  | 8101908 | 33713 | SH |  | SOLE |  | 0 | 0 | 33713 |
| iShares 0-3 Month Treasury Bond ETF | Exchange Traded Fund | 46436E718 |  | 3112984 | 30917 | SH |  | SOLE |  | 0 | 0 | 30917 |
| JPMorgan Chase  Co | Common Stock | 46625H100 |  | 255991 | 883 | SH |  | SOLE |  | 0 | 0 | 883 |
| JPMorgan Core Plus Bond ETF | Exchange Traded Fund | 46641Q670 |  | 4111585 | 87369 | SH |  | SOLE |  | 0 | 0 | 87369 |
| JPMorgan Equity Premium Income ETF | Exchange Traded Fund | 46641Q332 |  | 597323 | 10507 | SH |  | SOLE |  | 0 | 0 | 10507 |
| Leatherback Long/Short Alt Yld ETF | Exchange Traded Fund | 886364850 |  | 345658 | 14097 | SH |  | SOLE |  | 0 | 0 | 14097 |
| Meta Platforms Inc Class A | Common Stock | 30303M102 |  | 321807 | 436 | SH |  | SOLE |  | 0 | 0 | 436 |
| Microsoft Corp | Common Stock | 594918104 |  | 27585753 | 55459 | SH |  | SOLE |  | 0 | 0 | 55459 |
| NEOS Nasdaq-100(R) High Income ETF | Exchange Traded Fund | 78433H675 |  | 245643 | 4723 | SH |  | SOLE |  | 0 | 0 | 4723 |
| NEOS S 500(R) High Income ETF | Exchange Traded Fund | 78433H303 |  | 744384 | 14793 | SH |  | SOLE |  | 0 | 0 | 14793 |
| NVIDIA Corp | Common Stock | 67066G104 |  | 675615 | 4276 | SH |  | SOLE |  | 0 | 0 | 4276 |
| Oracle Corp | Common Stock | 68389X105 |  | 3411065 | 15602 | SH |  | SOLE |  | 0 | 0 | 15602 |
| PACCAR Inc | Common Stock | 693718108 |  | 396313 | 4169 | SH |  | SOLE |  | 0 | 0 | 4169 |
| Quanta Services Inc | Common Stock | 74762E102 |  | 22669299 | 59959 | SH |  | SOLE |  | 0 | 0 | 59959 |
| Schwab Emerging Markets Equity ETF | Exchange Traded Fund | 808524706 |  | 612987 | 20338 | SH |  | SOLE |  | 0 | 0 | 20338 |
| Schwab International Equity ETF | Exchange Traded Fund | 808524805 |  | 646513 | 29254 | SH |  | SOLE |  | 0 | 0 | 29254 |
| Schwab US Dividend Equity ETF | Exchange Traded Fund | 808524797 |  | 234207 | 8838 | SH |  | SOLE |  | 0 | 0 | 8838 |
| Schwab US Large-Cap ETF | Exchange Traded Fund | 808524201 |  | 587633 | 24044 | SH |  | SOLE |  | 0 | 0 | 24044 |
| Schwab US Large-Cap Growth ETF | Exchange Traded Fund | 808524300 |  | 23162852 | 792977 | SH |  | SOLE |  | 0 | 0 | 792977 |
| Schwab US Mid-Cap ETF | Exchange Traded Fund | 808524508 |  | 3344682 | 119240 | SH |  | SOLE |  | 0 | 0 | 119240 |
| SPDR Blmbg 1-3 Mth T-Bill ETF | Exchange Traded Fund | 78468R663 |  | 939223 | 10239 | SH |  | SOLE |  | 0 | 0 | 10239 |
| SPDR Gold Shares | Exchange Traded Fund | 78463V107 |  | 228623 | 750 | SH |  | SOLE |  | 0 | 0 | 750 |
| Starbucks Corp | Common Stock | 855244109 |  | 1069923 | 11677 | SH |  | SOLE |  | 0 | 0 | 11677 |
| TCW Compounders ETF | Exchange Traded Fund | 29287L601 |  | 7488266 | 213767 | SH |  | SOLE |  | 0 | 0 | 213767 |
| The Home Depot Inc | Common Stock | 437076102 |  | 347175 | 947 | SH |  | SOLE |  | 0 | 0 | 947 |
| The Kroger Co | Common Stock | 501044101 |  | 215764 | 3008 | SH |  | SOLE |  | 0 | 0 | 3008 |
| The Technology Select Sector SPDR ETF | Exchange Traded Fund | 81369Y803 |  | 7612409 | 30061 | SH |  | SOLE |  | 0 | 0 | 30061 |
| Toews Agility Managed Risk ETF | Exchange Traded Fund | 66538J720 |  | 398871 | 11883 | SH |  | SOLE |  | 0 | 0 | 11883 |
| Vanguard Core-Plus Bond ETF | Exchange Traded Fund | 922020755 |  | 218773 | 2812 | SH |  | SOLE |  | 0 | 0 | 2812 |
| Vanguard Dividend Appreciation ETF | Exchange Traded Fund | 921908844 |  | 4141930 | 20151 | SH |  | SOLE |  | 0 | 0 | 20151 |
| Vanguard FTSE Developed Markets ETF | Exchange Traded Fund | 921943858 |  | 232430 | 4077 | SH |  | SOLE |  | 0 | 0 | 4077 |
| Vanguard FTSE Emerging Markets ETF | Exchange Traded Fund | 922042858 |  | 225884 | 4567 | SH |  | SOLE |  | 0 | 0 | 4567 |
| Vanguard Growth ETF | Exchange Traded Fund | 922908736 |  | 7325314 | 16690 | SH |  | SOLE |  | 0 | 0 | 16690 |
| Vanguard Information Technology ETF | Exchange Traded Fund | 92204A702 |  | 11478324 | 17305 | SH |  | SOLE |  | 0 | 0 | 17305 |
| Vanguard Large-Cap ETF | Exchange Traded Fund | 922908637 |  | 10153987 | 35485 | SH |  | SOLE |  | 0 | 0 | 35485 |
| Vanguard Mega Cap ETF | Exchange Traded Fund | 921910873 |  | 565032 | 2506 | SH |  | SOLE |  | 0 | 0 | 2506 |
| Vanguard Mega Cap Growth ETF | Exchange Traded Fund | 921910816 |  | 8361447 | 22811 | SH |  | SOLE |  | 0 | 0 | 22811 |
| Vanguard Mega Cap Value ETF | Exchange Traded Fund | 921910840 |  | 7776072 | 58964 | SH |  | SOLE |  | 0 | 0 | 58964 |
| Vanguard Mid-Cap ETF | Exchange Traded Fund | 922908629 |  | 9305817 | 33128 | SH |  | SOLE |  | 0 | 0 | 33128 |
| Vanguard Russell 1000 Growth ETF | Exchange Traded Fund | 92206C680 |  | 619976 | 5677 | SH |  | SOLE |  | 0 | 0 | 5677 |
| Vanguard Small-Cap ETF | Exchange Traded Fund | 922908751 |  | 10383446 | 43671 | SH |  | SOLE |  | 0 | 0 | 43671 |
| Vanguard Total Bond Market ETF | Exchange Traded Fund | 921937835 |  | 283991 | 3857 | SH |  | SOLE |  | 0 | 0 | 3857 |
| Vanguard Total International Bond ETF | Exchange Traded Fund | 92203J407 |  | 264829 | 5349 | SH |  | SOLE |  | 0 | 0 | 5349 |
| Vanguard Total Stock Market ETF | Exchange Traded Fund | 922908769 |  | 1495221 | 4905 | SH |  | SOLE |  | 0 | 0 | 4905 |
| Visa Inc Class A | Common Stock | 92826C839 |  | 279424 | 787 | SH |  | SOLE |  | 0 | 0 | 787 |
| Waste Management Inc | Common Stock | 94106L109 |  | 1327156 | 5800 | SH |  | SOLE |  | 0 | 0 | 5800 |

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