Forte Biosciences
FBRX • NASDAQ
Forte Biosciences is a biotechnology company in the healthcare sector on NASDAQ, led by Paul A. Wagner, Ph.D., with a market cap of $267.7M. As of Q3 2025, 83% of shares are held by 42 institutional investors, with FRED ALGER MANAGEMENT INC as the largest holder at 13.16%.
Chairman, President, and Chief Executive OfficerPaul A. Wagner, Ph.D.
Market Cap$267.7M
Biotechnology
Healthcare
Employees11.0
Websitefortebiorx.com
Country
United States of America
Overview
Overview of institutional ownership in FBRX as of Q3 2025 with a market cap of $186.5M
All Institutions
- Institutions
- 42
- Value Held
- $155.1M
- Shares Held
- 10.3M
- Avg Position
- $3.7M
- Median Position
- $349.7K
Hedge Funds
- Hedge Funds
- 9
- Value Held
- $41.3M
- Shares Held
- 2.8M
- Avg Position
- $4.6M
- Median Position
- $3.9M
Ownership Breakdown
Based on market cap of $186.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in FBRX as of Q3 2025
| Institution | Position Value |
|---|---|
F FRED ALGER MANAGEMENT INC Long Only Manager | $24.5M 0.10% of portfolio |
 FEDERATED INVESTORS INC /PA/ Long Only Manager | $24.5M 0.04% of portfolio |
 HENDERSON GROUP PLC Institution | $21.0M 0.01% of portfolio |
 ORBIMED ADVISORS LLC Hedge Fund•Sector | $18.0M 0.44% of portfolio |
T TYBOURNE CAPITAL MANAGEMENT HK LTD Institution | $11.8M 38.15% of portfolio |
 VANGUARD GROUP INC Institution | $8.5M 0.00% of portfolio |
 Cable Car Capital LLC Hedge Fund•Long/Short | $7.5M 6.29% of portfolio |
S SPHERA FUNDS MANAGEMENT LTD. Institution | $7.1M 1.71% of portfolio |
A ADAGE CAPITAL PARTNERS GP LLC Institution | $5.0M 0.01% of portfolio |
 Woodline Partners LP Hedge Fund•Long/Short | $5.0M 0.02% of portfolio |
Net Capital Flow
Institutional buying and selling activity for FBRX in Q3 2025
- Traded
- +$8.6M
- Buyers
- 27
- Sellers
- 8
- Total Bought
- +$23.0M
- Total Sold
- −$14.4M
- Avg Position
- $3.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
FEDERATED INVESTORS INC /PA/ Long Only Manager | +$8.4M +563.1K shares |
A AWM Investment Company, Inc. Hedge Fund•Event Driven | +$3.9M +261.8K shares |
 FMR LLC Institution | +$3.7M +244.4K shares |
VANGUARD GROUP INC Institution | +$1.2M +79.8K shares |
 AMERIPRISE FINANCIAL INC Institution | +$1.0M +69.9K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$715.4K +47.7K shares |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | +$663.3K +44.2K shares |
M Mink Brook Asset Management LLC Institution | +$636.3K +42.4K shares |
 STATE STREET CORP Institution | +$571.5K +38.1K shares |
 NORTHERN TRUST CORP Institution | +$349.3K +23.3K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
B BVF INC/IL Institution | −$7.8M −523.0K shares |
 Ikarian Capital, LLC Hedge Fund•Event Driven | −$2.6M −176.4K shares |
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | −$1.8M −143.0K shares |
 PERCEPTIVE ADVISORS LLC Hedge Fund•Long/Short | −$881.7K −68.2K shares |
 BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | −$758.2K −58.6K shares |
S SPHERA FUNDS MANAGEMENT LTD. Institution | −$312.0K −20.8K shares |
 Quest Partners LLC Hedge Fund•Quant Macro | −$69.1K −4.6K shares |
C COMERICA BANK Institution | −$105.0 −7.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited FBRX in Q3 2025
- New Positions
- 4
- New Value
- $5.0M
- Exited Positions
- 4
- Exited Value
- $3.5M
New Positions
| Institution | Position Value |
|---|---|
A AWM Investment Company, Inc. Hedge Fund•Event Driven | $3.9M 261.8K shares |
AMERIPRISE FINANCIAL INC Institution | $1.0M 69.9K shares |
$8.3K 553.0 shares | |
 GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | $1.2K 81.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | $1.8M 143.0K shares |
PERCEPTIVE ADVISORS LLC Hedge Fund•Long/Short | $881.7K 68.2K shares |
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | $758.2K 58.6K shares |
 Newbridge Financial Services Group, Inc. RIA/Wealth | - - shares |
Options Activity
Institutions with the largest Call and Put options positions in FBRX as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with FBRX as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
T TYBOURNE CAPITAL MANAGEMENT HK LTD Institution | 38.15% $11.8M |
Cable Car Capital LLC Hedge Fund•Long/Short | 6.29% $7.5M |
S SPHERA FUNDS MANAGEMENT LTD. Institution | 1.71% $7.1M |
Ikarian Capital, LLC Hedge Fund•Event Driven | 0.91% $4.5M |
M Mink Brook Asset Management LLC Institution | 0.84% $1.2M |
ORBIMED ADVISORS LLC Hedge Fund•Sector | 0.44% $18.0M |
A AWM Investment Company, Inc. Hedge Fund•Event Driven | 0.37% $3.9M |
F FRED ALGER MANAGEMENT INC Long Only Manager | 0.10% $24.5M |
FEDERATED INVESTORS INC /PA/ Long Only Manager | 0.04% $24.5M |
B BVF INC/IL Institution | 0.04% $980.3K |
Hedge Fund Spotlight
Discover hedge funds investing in FBRX
Quest Partners LLC
Hedge Fund • Quant Macro
Portfolio ManagerNigol (Nmn) Koulajian
- Portfolio Value
- $1.5B
- Positions
- 2,240
- Last Reported
- Q3 2025
Sector Allocation
Position in Forte Biosciences
- Market Value
- $184.4K
- Shares Held
- 12.3K
- Portfolio Weight
- 0.01%
- Owned Since
- 2025-Q1
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $39.0M | 2.54% | |
ETF ETF | $6.5M | 0.42% | |
ETF ETF | $6.5M | 0.42% |
