First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund
US ˙ ARCA ˙ US33734X1845

SecurityFXU / First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund
InstitutionKovack Advisors, Inc.
Latest Disclosed Ownership20,164 shares
Latest Disclosed Value $ 1,000,386
Kovack Advisors, Inc. reports 49.86% decrease in ownership of FXU / First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund

On May 12, 2026 - Kovack Advisors, Inc. filed a 13F-HR form disclosing ownership of 20,164 shares of First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund (US:FXU) valued at $999,933 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 40,217 shares of First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund. This represents a change in shares of -49.86% during the quarter. The current value of the position is $959,000 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F FIRST TR EXCHANGE-TRADED FD UTILITIES ALPH 33734X184 20,164 -20,053 -49.86 1,000 -44.75 0.0534
2026-02-17 2025-12-31 13F/A-1 FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 40,217 31,908 384.02 1,810 380.11 0.0841
2026-02-12 2025-12-31 13F FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 40,216 31,907 974
2025-11-10 2025-09-30 13F FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 8,309 1,643 24.65 378 33.69 0.0356
2025-08-04 2025-06-30 13F FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 6,666 -2,846 -29.92 283 -27.69 0.0277
2025-05-06 2025-03-31 13F FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 9,512 9,512 390 0.0413
2023-02-22 2022-12-31 13F FIRST TRUST UTILITIES ALPHADEX ETF ETF 33734X184 0 -33,657 -100.00 0 -100.00
2022-11-14 2022-09-30 13F FIRST TRUST UTILITIES ALPHADEX ETF ETF 33734X184 33,657 -70,651 -67.73 1,028 -69.50 0.1510
2022-08-10 2022-06-30 13F FIRST TRUST UTILITIES ALPHADEX ETF ETF 33734X184 104,308 104,308 3,370 0.4447
2020-04-30 2020-03-31 13F FIRST TRUST UTILITIES ALPHADEX ETF UTILITIES ALPHADEX ETF 33734X184 0 -7,385 -100.00 0 -100.00
2020-01-29 2019-12-31 13F FIRST TRUST UTILITIES ALPHADEX ETF UTILITIES ALPHADEX ETF 33734X184 7,385 0 0.00 216 -1.37 0.0386
2019-10-31 2019-09-30 13F FIRST TRUST UTILITIES ALPHADEX ETF UTILITIES ALPHADEX ETF 33734X184 7,385 265 3.72 219 7.35 0.0449
2019-08-14 2019-06-30 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH II UTILITIES ALPH 33734X184 7,120 -4,507 -38.76 204 -35.03 0.0466
2018-08-02 2017-09-30 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH EXCHANGE TRADED FD II UTILITIES ALPH 33734X184 11,627 -955 -7.59 314 -8.19 0.1042
2018-08-30 2017-06-30 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH II UTILITIES ALPH 33734X184 12,582 905 7.75 342 6.88 0.1079
2018-09-05 2017-03-31 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH II UTILITIES ALPH 33734X184 11,677 -296 -2.47 320 0.00 0.1246
2018-09-10 2016-12-31 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH UTILITIES ALPH 33734X184 11,973 2,205 22.57 320 26.48 0.1523
2018-09-25 2016-09-30 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH UTILITIES ALPH 33734X184 9,768 332 3.52 253 -0.78 0.1232
2018-10-01 2016-06-30 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH II UTILITIES ALPH 33734X184 9,436 9 0.10 255 4.08 0.1353
2018-10-12 2016-03-31 13F FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH II UTILITIES ALPH 33734X184 9,427 9,427 245 0.1531
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.