Naples Global Advisors’s British American Tobacco BTI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-11,867	Closed	-$553K	–	290
2018 Q3	$553K	Sell	11,867 -7,875	-40%	-$400K	0.15%	196
2018 Q2	$996K	Sell	19,742 -1,150	-6%	-$60.6K	0.28%	124
2018 Q1	$1.21M	Sell	20,892 -650	-3%	-$40.9K	0.36%	93
2017 Q4	$1.44M	Buy	21,542 +1,533	+8%	+$99.9K	0.43%	77
2017 Q3	$1.25M	Buy	20,009 +7,449	+59%	+$481K	0.42%	83
2017 Q2	$861K	Buy	12,560 +300	+2%	+$20.8K	0.31%	123
2017 Q1	$813K	Hold	12,260	–	–	0.29%	130
2016 Q4	$691K	Sell	12,260 -370	-3%	-$21K	0.27%	140
2016 Q3	$806K	Hold	12,630	–	–	0.32%	127
2016 Q2	$818K	Hold	12,630	–	–	0.33%	121
2016 Q1	$738K	Sell	12,630 -368	-3%	-$20.3K	0.31%	123
2015 Q4	$718K	Hold	12,998	–	–	0.35%	112
2015 Q3	$715K	Sell	12,998 -100	-0.8%	-$5.55K	0.37%	106
2015 Q2	$709K	Hold	13,098	–	–	0.34%	122
2015 Q1	$680K	Sell	13,098 -100	-0.8%	-$5.54K	0.32%	130
2014 Q4	$712K	Buy	13,198 +800	+6%	+$45K	0.38%	119
2014 Q3	$701K	Hold	12,398	–	–	0.41%	107
2014 Q2	$738K	Hold	12,398	–	–	0.44%	91
2014 Q1	$691K	Buy	12,398 +788	+7%	+$41K	0.42%	89
2013 Q4	$624K	Buy	+11,610	New	+$618K	0.42%	95