US Portfolio

NAPLES GLOBAL ADVISORS, LLC

Q3 2018 13F Holdings Report, Restatement, Excl. Options

Signature - Title: Greg Debski - Principal
Location: Naples, Florida
Holdings as of: Sep 30, 2018
Value $: $376,883,000
Num holdings: 292
Date filed: 11/13/2018, 11:49 AM
Description: All US holdings of this investor are reported in this report.
Previous filing: Q2 2018 - Jul 23, 2018
Next filing: Q4 2018 - Feb 1, 2019

Sym	Weight	Trade Impact	Company	Class	Shares Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Filing 2018 Q3 - RESTATEMENT compared to 2018 Q2 by default.

Compare Q3 2018 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Greg Debski	Principal	Naples, Florida	11/13/2018