UNITED PARCEL SERVICE INC

Ticker: UPS CUSIP: 911312106 Class: CL B

NAPLES GLOBAL ADVISORS, LLC's Holding History (CIK: 0001582151)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 38,304 Value ($000) $3,799 Avg Close $92.75 Range $80.60 - $102.89

Q3 2025

Shares 42,107 Value ($000) $3,517 Avg Close $88.13 Range $80.60 - $102.70

Q2 2025

Shares 47,168 Value ($000) $4,761 Avg Close $94.10 Range $85.94 - $104.87

Q1 2025

Shares 49,892 Value ($000) $5,488 Avg Close $112.66 Range $102.36 - $128.18

Q4 2024

Shares 47,798 Value ($000) $6,027 Avg Close $122.34 Range $114.16 - $134.03

Q3 2024

Shares 46,571 Value ($000) $6,349 Avg Close $120.53 Range $112.37 - $135.22

Q2 2024

Shares 45,064 Value ($000) $6,167 Avg Close $129.99 Range $121.30 - $140.02

Q1 2024

Shares 43,409 Value ($000) $6,452 Avg Close $136.41 Range $123.99 - $144.14

Q4 2023

Shares 42,798 Value ($000) $6,729 Avg Close $134.26 Range $117.95 - $146.23

Q3 2023

Shares 38,319 Value ($000) $5,973 Avg Close $151.64 Range $132.82 - $168.74

Q2 2023

Shares 37,415 Value ($000) $6,707 Avg Close $154.55 Range $145.28 - $171.31

Q1 2023

Shares 37,179 Value ($000) $7,212 Avg Close $158.15 Range $148.80 - $168.12

Q4 2022

Shares 37,272 Value ($000) $6,479 Avg Close $148.03 Range $131.72 - $164.49

Q3 2022

Shares 36,571 Value ($000) $5,908 Avg Close $160.50 Range $136.18 - $178.09

Q2 2022

Shares 35,291 Value ($000) $6,442 Avg Close $153.35 Range $139.58 - $180.14

Q1 2022

Shares 32,154 Value ($000) $6,896 Avg Close $177.17 Range $160.17 - $194.22

Q4 2021

Shares 31,745 Value ($000) $6,804 Avg Close $168.57 Range $146.47 - $182.12

Q3 2021

Shares 31,331 Value ($000) $5,705 Avg Close $162.74 Range $150.50 - $176.79

Q2 2021

Shares 30,055 Value ($000) $6,251 Avg Close $164.16 Range $138.21 - $179.76

Q1 2021

Shares 29,742 Value ($000) $5,056 Avg Close $131.98 Range $125.90 - $139.99

Q4 2020

Shares 29,043 Value ($000) $4,891 Avg Close $136.91 Range $125.53 - $143.93

Q3 2020

Shares 29,099 Value ($000) $4,849 Avg Close $117.34 Range $90.83 - $139.06

Q2 2020

Shares 29,335 Value ($000) $3,261 Avg Close $79.74 Range $70.25 - $90.00

Q1 2020

Shares 27,939 Value ($000) $2,610 Avg Close $81.89 Range $65.20 - $93.88

Q4 2019

Shares 24,883 Value ($000) $2,913 Avg Close $92.83 Range $87.32 - $97.89

Q3 2019

Shares 24,393 Value ($000) $2,923 Avg Close $88.95 Range $78.36 - $96.58

Q2 2019

Shares 23,738 Value ($000) $2,451 Avg Close $80.15 Range $71.77 - $88.26

Q1 2019

Shares 21,988 Value ($000) $2,457 Avg Close $80.97 Range $71.64 - $86.63

Q4 2018

Shares 21,468 Value ($000) $2,123 Avg Close $82.08 Range $68.37 - $89.93

Q3 2018

Shares 19,869 Value ($000) $2,320 Avg Close $88.44 Range $78.57 - $94.36

Q2 2018

Shares 19,705 Value ($000) $2,093 Avg Close $83.75 Range $76.07 - $89.22

Q1 2018

Shares 18,434 Value ($000) $1,929 Avg Close $85.46 Range $75.36 - $99.83

Q4 2017

Shares 17,042 Value ($000) $2,031 Avg Close $86.27 Range $81.68 - $92.19

Q3 2017

Shares 15,301 Value ($000) $1,838 Avg Close $82.86 Range $77.64 - $88.05

Q2 2017

Shares 15,150 Value ($000) $1,675 Avg Close $77.32 Range $74.11 - $80.96

Q1 2017

Shares 14,454 Value ($000) $1,551 Avg Close $78.36 Range $73.76 - $84.45

Q4 2016

Shares 11,814 Value ($000) $1,354 Avg Close $80.28 Range $75.12 - $86.06

Q3 2016

Shares 11,621 Value ($000) $1,271 Avg Close $77.25 Range $74.66 - $78.79

Q2 2016

Shares 10,863 Value ($000) $1,170 Avg Close $73.08 Range $70.37 - $75.91

Q1 2016

Shares 8,537 Value ($000) $900 Avg Close $67.69 Range $60.56 - $74.54

Q4 2015

Shares 8,046 Value ($000) $774 Avg Close $70.63 Range $66.47 - $73.93

Q3 2015

Shares 7,041 Value ($000) $695 Avg Close $67.80 Range $64.39 - $71.18

Q2 2015

Shares 6,425 Value ($000) $623 Avg Close $67.72 Range $64.42 - $70.34

Q1 2015

Shares 5,358 Value ($000) $519 Avg Close $69.40 Range $65.39 - $77.12

Q4 2014

Shares 4,925 Value ($000) $548 Avg Close $70.93 Range $63.01 - $76.24

Q3 2014

Shares 4,199 Value ($000) $413 Avg Close $66.34 Range $63.12 - $69.92

Q2 2014

Shares 4,199 Value ($000) $431 Avg Close $66.59 Range $63.08 - $69.39

Q1 2014

Shares 4,148 Value ($000) $404 Avg Close $64.17 Range $61.16 - $68.85

Q4 2013

Shares 2,917 Value ($000) $307 Avg Close $64.45 Range $57.69 - $69.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	38,304	$3,799	$92.75	$80.60 - $102.89
Q3 2025	42,107	$3,517	$88.13	$80.60 - $102.70
Q2 2025	47,168	$4,761	$94.10	$85.94 - $104.87
Q1 2025	49,892	$5,488	$112.66	$102.36 - $128.18
Q4 2024	47,798	$6,027	$122.34	$114.16 - $134.03
Q3 2024	46,571	$6,349	$120.53	$112.37 - $135.22
Q2 2024	45,064	$6,167	$129.99	$121.30 - $140.02
Q1 2024	43,409	$6,452	$136.41	$123.99 - $144.14
Q4 2023	42,798	$6,729	$134.26	$117.95 - $146.23
Q3 2023	38,319	$5,973	$151.64	$132.82 - $168.74
Q2 2023	37,415	$6,707	$154.55	$145.28 - $171.31
Q1 2023	37,179	$7,212	$158.15	$148.80 - $168.12
Q4 2022	37,272	$6,479	$148.03	$131.72 - $164.49
Q3 2022	36,571	$5,908	$160.50	$136.18 - $178.09
Q2 2022	35,291	$6,442	$153.35	$139.58 - $180.14
Q1 2022	32,154	$6,896	$177.17	$160.17 - $194.22
Q4 2021	31,745	$6,804	$168.57	$146.47 - $182.12
Q3 2021	31,331	$5,705	$162.74	$150.50 - $176.79
Q2 2021	30,055	$6,251	$164.16	$138.21 - $179.76
Q1 2021	29,742	$5,056	$131.98	$125.90 - $139.99
Q4 2020	29,043	$4,891	$136.91	$125.53 - $143.93
Q3 2020	29,099	$4,849	$117.34	$90.83 - $139.06
Q2 2020	29,335	$3,261	$79.74	$70.25 - $90.00
Q1 2020	27,939	$2,610	$81.89	$65.20 - $93.88
Q4 2019	24,883	$2,913	$92.83	$87.32 - $97.89
Q3 2019	24,393	$2,923	$88.95	$78.36 - $96.58
Q2 2019	23,738	$2,451	$80.15	$71.77 - $88.26
Q1 2019	21,988	$2,457	$80.97	$71.64 - $86.63
Q4 2018	21,468	$2,123	$82.08	$68.37 - $89.93
Q3 2018	19,869	$2,320	$88.44	$78.57 - $94.36
Q2 2018	19,705	$2,093	$83.75	$76.07 - $89.22
Q1 2018	18,434	$1,929	$85.46	$75.36 - $99.83
Q4 2017	17,042	$2,031	$86.27	$81.68 - $92.19
Q3 2017	15,301	$1,838	$82.86	$77.64 - $88.05
Q2 2017	15,150	$1,675	$77.32	$74.11 - $80.96
Q1 2017	14,454	$1,551	$78.36	$73.76 - $84.45
Q4 2016	11,814	$1,354	$80.28	$75.12 - $86.06
Q3 2016	11,621	$1,271	$77.25	$74.66 - $78.79
Q2 2016	10,863	$1,170	$73.08	$70.37 - $75.91
Q1 2016	8,537	$900	$67.69	$60.56 - $74.54
Q4 2015	8,046	$774	$70.63	$66.47 - $73.93
Q3 2015	7,041	$695	$67.80	$64.39 - $71.18
Q2 2015	6,425	$623	$67.72	$64.42 - $70.34
Q1 2015	5,358	$519	$69.40	$65.39 - $77.12
Q4 2014	4,925	$548	$70.93	$63.01 - $76.24
Q3 2014	4,199	$413	$66.34	$63.12 - $69.92
Q2 2014	4,199	$431	$66.59	$63.08 - $69.39
Q1 2014	4,148	$404	$64.17	$61.16 - $68.85
Q4 2013	2,917	$307	$64.45	$57.69 - $69.15