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Institutional Investment Manager
Kovack Advisors, Inc.
Kovack Advisors, Inc. (CIK: 0001728321) incorporated in Florida, located at 6451 N. Federal Hwy., Ft. Lauderdale, FL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Original 13F HR (0001398344-18-013400) filed in 2018.09.10
#
Name
Shares
Value ($)
%
Options
Notes
201 AGNC INVT CORP 12,919 234 0.11%
202 HP INC 13,265 197 0.09%
203 CHIMERA INVT CORP 13,516 230 0.11%
204 ALTRIA GROUP INC 13,727 928 0.44%
205 WISDOMTREE TR 13,963 465 0.22%
206 HEALTHCARE TR AMER INC 14,124 411 0.20%
207 HCP INC 14,197 422 0.20%
208 FIRST TRUST EXCH TRADED FUND 2 FINLS ALPHADEX ETF 14,241 385 0.18%
209 GUESS INC 14,393 174 0.08%
210 BLACKROCK MUNIVEST FD II INC COM 14,420 220 0.10%
211 CISCO SYS INC 14,501 438 0.21%
212 EXXON MOBIL CORP 14,515 1,310 0.62%
213 STARWOOD PPTY TR INC COM 14,565 320 0.15%
214 SELECT SECTOR SPDR TR 14,595 706 0.34%
215 UNISYS CORP 14,675 219 0.10%
216 MERCK & CO INC 14,764 869 0.41%
217 CALAMOS CONV OPPORTUNITIES & 15,179 153 0.07%
218 DYNEX CAP INC 15,269 104 0.05%
219 VANGUARD INDEX FDS 15,278 1,421 0.68%
220 OLD REP INTL CORP 15,842 301 0.14%
221 VALLEY NATL BANCORP 15,891 185 0.09%
222 VANECK ETF TRUST 15,966 504 0.24%
223 UNITED STS BRENT OIL FD LP UNIT 16,297 256 0.12%
224 BLACKSTONE GROUP L P 16,675 451 0.21%
225 FIRST TR MORNINGSTAR DIV LEA 16,790 466 0.22%
226 MIDDLESEX WTR CO 16,799 721 0.34%
227 INVESCO SR INCOME TR 16,854 78 0.04%
228 CHEVRON CORP NEW 17,029 2,004 0.95%
229 SOUTHERN CO 17,219 847 0.40%
230 ISHARES SILVER TR 17,374 263 0.13%
231 MICROSOFT CORP 17,494 1,087 0.52%
232 NIKE INC 17,603 895 0.43%
233 VANGUARD BD INDEX FDS 17,614 1,399 0.67%
234 JOHNSON & JOHNSON 18,114 2,087 0.99%
235 PROFUNDS IND ULTSEC INV 18,429 1,528 0.73%
236 ISHARES TR 18,434 1,870 0.89%
237 GILEAD SCIENCES INC 18,759 1,343 0.64%
238 FIRST TR EXCHANGE TRADED FD 19,026 656 0.31%
239 WESTPAC BKG CORP 19,438 456 0.22%
240 VANGUARD INDEX FDS 19,443 2,242 1.07%
241 GLAXOSMITHKLINE PLC 20,644 795 0.38%
242 SELECT SECTOR SPDR TR 20,670 481 0.23%
243 FIRST TR EXCHANGE TRADED FD 20,725 396 0.19%
244 HORIZON TECHNOLOGY FIN CORP COM 20,874 220 0.10%
245 CORPORATE CAP TR INC COM 21,150 0 0.00%
246 AES CORP 21,225 247 0.12%
247 EATON VANCE LTD DURATION INC 21,816 299 0.14%
248 WADDELL & REED FINL INC 21,838 426 0.20%
249 GOLDCORP INC NEW 22,079 300 0.14%
250 WAL-MART STORES INC 22,260 1,539 0.73%
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