Hello Kris,
No, you lose one because alternate mode is a USB-C feature. Alternate mode means non USB traffic over the USB-C plug.
Over the type A connector, you will get USB features of that dock: 2x 4Kp60 DisplayLink video, ethernet and audio.
You can however daisy-chain products with DisplayLink technology to add a USB graphics adapter to get a third display over type A.
Kind regards,
Alban
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