Forte Biosciences, Inc. (FBRX)

Accumulating

Strong institutional accumulation: ownership increased +5.66% quarter-over-quarter.

Data as of Q1 2026

Institutional Ownership

97.73%

QoQ Change

+5.66%

Total Value

$348.6B

Shares Outstanding

13.9M

Crowding AnalysisCrowded

Holders67of 5,944

Avg: 68

Uncrowded84th percentileCrowded

Institutional Activity

Buy/Sell Ratio1.33x

64th percentile

40 buying30 selling

+20

New

-10

Closed

+2.0M

Net shares

Holding Period Distribution

estimate

Median: 2 QAvg: 2.2 QHolders: 67

Ownership Concentration

Top 5: 47.4%Top 10: 72.4%

FEDERATED HERMES,13.0%

FRED ALGER MANAGEMENT,9.4%

ORBIMED ADVISORS8.8%

JANUS HENDERSON GROUP8.8%

Affinity Asset Advisors,7.5%

Others (62)52.6%

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Conviction-Weighted Ownership

Median weight: 0.11%Avg weight: 0.78%Max: 3.58%High conviction (>1%): 3

FEDERATED HERMES,

FRED ALGER MANAGEMENT,

ORBIMED ADVISORS

JANUS HENDERSON GROUP

Affinity Asset Advisors,

MPM BioImpact

ADAGE CAPITAL PARTNERS GP, L.L.C.

VANGUARD CAPITAL MANAGEMENT

MORGAN STANLEY

Cable Car Capital,

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Whale Moves Timeline (6 Quarters)

Biggest dollar-value position changes among top 10 holders

NEWMPM BioImpact$26M1.0M shr

BOUGHTADAGE CAPITAL PARTNERS GP, L.L.C.$16M617K shr

NEWVANGUARD CAPITAL MANAGEMENT$14M532K shr

NEWMORGAN STANLEY$13M500K shr

SOLDJANUS HENDERSON GROUP$6M238K shr

NEWAffinity Asset Advisors$28M1.0M shr

NEWPoint72 Asset Management, L.P.$13M487K shr

SOLDFRED ALGER MANAGEMENT$5M175K shr

BOUGHTFEDERATED HERMES$4M130K shr

SOLDCable Car Capital$3M100K shr

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Institutional Trends (8 Quarters)

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Institutional Holders

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