Saturday afternoon's event culminated in a rally at Craigavon House where the original UVF was formed.
Organisers said that between 8,000 and 10,000 people had taken part in the march which saw participants dressed in period costumes and carrying replica firearms of the type used to oppose Home Rule. Among those on parade were hundreds of women dressed as nurses from a century ago.
Organisers said it had nothing to do with the modern-day paramilitary group. But the community feel of the parade was marred by the appearance of a number of modern-day paramilitaries and UVF figures.
The BBC and another camera crew were prevented from filming in Craigavon House grounds and from recording speeches.
Photographers and cameramen were also asked not to film or photograph in a way that would identify individuals.
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