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[SCHEDULE 13G/A] Forte Biosciences, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Alger Associates, Inc. reports beneficial ownership of 1,618,649 shares of Forte Biosciences common stock, representing 13.3% of the class. Alger discloses sole voting power over 1,608,040 shares and sole dispositive power over 1,618,649 shares. The securities are held for one or more open-end investment companies or managed accounts advised by Fred Alger Management, LLC, a wholly owned subsidiary of Alger Group Holdings, LLC, which in turn is owned by Alger Associates, Inc. The filing indicates these holdings are held in the ordinary course of business and not for the purpose of changing or influencing control.

Alger Associates, Inc. dichiara la proprietà beneficiaria di 1.618.649 azioni ordinarie di Forte Biosciences, corrispondenti al 13,3% della classe. Alger segnala il potere di voto esclusivo su 1.608.040 azioni e il potere dispositive esclusivo su 1.618.649 azioni. I titoli sono detenuti per conto di uno o più fondi aperti o conti gestiti consigliati da Fred Alger Management, LLC, una controllata interamente posseduta da Alger Group Holdings, LLC, a sua volta proprietà di Alger Associates, Inc. La comunicazione precisa che tali partecipazioni sono detenute nell'ordinario corso dell'attività e non allo scopo di modificare o influenzare il controllo.

Alger Associates, Inc. informa la propiedad beneficiaria de 1.618.649 acciones ordinarias de Forte Biosciences, que representan el 13,3% de la clase. Alger declara el poder de voto exclusivo sobre 1.608.040 acciones y el poder dispositive exclusivo sobre 1.618.649 acciones. Los valores se mantienen para uno o más fondos de inversión abiertos o cuentas gestionadas asesoradas por Fred Alger Management, LLC, una filial propiedad absoluta de Alger Group Holdings, LLC, que a su vez es propiedad de Alger Associates, Inc. El informe indica que estas participaciones se mantienen en el curso ordinario del negocio y no con el propósito de cambiar o influir en el control.

Alger Associates, Inc.는 Forte Biosciences 보통주 1,618,649주의 실소유를 보고하며, 이는 해당 클래스의 13.3%에 해당합니다. Alger는 1,608,040주에 대한 단독 의결권과 1,618,649주에 대한 단독 처분권을 공시했습니다. 이 증권들은 Fred Alger Management, LLC가 자문하는 하나 이상의 개방형 투자회사 또는 운용계좌를 위해 보유되고 있으며, 해당 법인은 Alger Group Holdings, LLC의 전액 출자 자회사이고, Alger Group Holdings는 다시 Alger Associates, Inc.가 소유하고 있습니다. 제출문서는 이 보유가 통상적인 영업 과정에서 보유된 것이며 지배권을 변경하거나 영향력을 행사하기 위한 목적이 아님을 명시합니다.

Alger Associates, Inc. déclare la propriété bénéficiaire de 1 618 649 actions ordinaires de Forte Biosciences, représentant 13,3% de la catégorie. Alger divulgue le pouvoir de vote exclusif sur 1 608 040 actions et le pouvoir de disposition exclusif sur 1 618 649 actions. Les titres sont détenus pour le compte d'une ou plusieurs sociétés d'investissement à capital variable ou de comptes gérés conseillés par Fred Alger Management, LLC, une filiale détenue à 100 % par Alger Group Holdings, LLC, laquelle est elle-même détenue par Alger Associates, Inc. Le dépôt indique que ces participations sont détenues dans le cours normal des affaires et non dans le but de changer ou d'influencer le contrôle.

Alger Associates, Inc. meldet wirtschaftliches Eigentum an 1.618.649 Aktien der Stammaktien von Forte Biosciences, was 13,3% der Klasse entspricht. Alger gibt alleinige Stimmrechte für 1.608.040 Aktien und alleinige Verfügungsrechte für 1.618.649 Aktien an. Die Wertpapiere werden für einen oder mehrere offene Investmentgesellschaften oder verwaltete Konten gehalten, die von Fred Alger Management, LLC beraten werden, einer hundertprozentigen Tochtergesellschaft der Alger Group Holdings, LLC, die wiederum im Besitz von Alger Associates, Inc. ist. Die Meldung weist darauf hin, dass diese Bestände im normalen Geschäftsverlauf gehalten werden und nicht mit dem Ziel, die Kontrolle zu ändern oder zu beeinflussen.

Positive
  • Material disclosure of a 13.3% beneficial stake, improving transparency for investors
  • Sole voting and dispositive power stated for the reported shares, clarifying control rights
Negative
  • None.

Insights

TL;DR: Alger holds a material, passive stake of 13.3% in Forte Biosciences with near-total sole voting and dispositive power over those shares.

Alger's 13.3% position is large enough to be investor-significant but the Schedule 13G format and the certification state the stake is held in the ordinary course of business and not to influence control. Ownership is through investment vehicles managed by Fred Alger Management, LLC, indicating portfolio exposure rather than an activist intent. For investors, this identifies a concentrated institutional holder whose trading could affect free float and liquidity, but the filing contains no indication of change-in-control activities.

TL;DR: A 13.3% holder with sole voting power is notable for governance monitoring but the filer attests to passive intent.

From a governance perspective, sole voting power over 1,608,040 shares means Alger can influence votes if it chooses, yet the Schedule 13G classification and signature statement affirm passive ownership. The disclosure of the ownership chain—Alger Associates, Alger Group Holdings and Fred Alger Management—provides clear stewardship lines. No other governance actions, board nominations or group affiliations are disclosed in this filing.

Alger Associates, Inc. dichiara la proprietà beneficiaria di 1.618.649 azioni ordinarie di Forte Biosciences, corrispondenti al 13,3% della classe. Alger segnala il potere di voto esclusivo su 1.608.040 azioni e il potere dispositive esclusivo su 1.618.649 azioni. I titoli sono detenuti per conto di uno o più fondi aperti o conti gestiti consigliati da Fred Alger Management, LLC, una controllata interamente posseduta da Alger Group Holdings, LLC, a sua volta proprietà di Alger Associates, Inc. La comunicazione precisa che tali partecipazioni sono detenute nell'ordinario corso dell'attività e non allo scopo di modificare o influenzare il controllo.

Alger Associates, Inc. informa la propiedad beneficiaria de 1.618.649 acciones ordinarias de Forte Biosciences, que representan el 13,3% de la clase. Alger declara el poder de voto exclusivo sobre 1.608.040 acciones y el poder dispositive exclusivo sobre 1.618.649 acciones. Los valores se mantienen para uno o más fondos de inversión abiertos o cuentas gestionadas asesoradas por Fred Alger Management, LLC, una filial propiedad absoluta de Alger Group Holdings, LLC, que a su vez es propiedad de Alger Associates, Inc. El informe indica que estas participaciones se mantienen en el curso ordinario del negocio y no con el propósito de cambiar o influir en el control.

Alger Associates, Inc.는 Forte Biosciences 보통주 1,618,649주의 실소유를 보고하며, 이는 해당 클래스의 13.3%에 해당합니다. Alger는 1,608,040주에 대한 단독 의결권과 1,618,649주에 대한 단독 처분권을 공시했습니다. 이 증권들은 Fred Alger Management, LLC가 자문하는 하나 이상의 개방형 투자회사 또는 운용계좌를 위해 보유되고 있으며, 해당 법인은 Alger Group Holdings, LLC의 전액 출자 자회사이고, Alger Group Holdings는 다시 Alger Associates, Inc.가 소유하고 있습니다. 제출문서는 이 보유가 통상적인 영업 과정에서 보유된 것이며 지배권을 변경하거나 영향력을 행사하기 위한 목적이 아님을 명시합니다.

Alger Associates, Inc. déclare la propriété bénéficiaire de 1 618 649 actions ordinaires de Forte Biosciences, représentant 13,3% de la catégorie. Alger divulgue le pouvoir de vote exclusif sur 1 608 040 actions et le pouvoir de disposition exclusif sur 1 618 649 actions. Les titres sont détenus pour le compte d'une ou plusieurs sociétés d'investissement à capital variable ou de comptes gérés conseillés par Fred Alger Management, LLC, une filiale détenue à 100 % par Alger Group Holdings, LLC, laquelle est elle-même détenue par Alger Associates, Inc. Le dépôt indique que ces participations sont détenues dans le cours normal des affaires et non dans le but de changer ou d'influencer le contrôle.

Alger Associates, Inc. meldet wirtschaftliches Eigentum an 1.618.649 Aktien der Stammaktien von Forte Biosciences, was 13,3% der Klasse entspricht. Alger gibt alleinige Stimmrechte für 1.608.040 Aktien und alleinige Verfügungsrechte für 1.618.649 Aktien an. Die Wertpapiere werden für einen oder mehrere offene Investmentgesellschaften oder verwaltete Konten gehalten, die von Fred Alger Management, LLC beraten werden, einer hundertprozentigen Tochtergesellschaft der Alger Group Holdings, LLC, die wiederum im Besitz von Alger Associates, Inc. ist. Die Meldung weist darauf hin, dass diese Bestände im normalen Geschäftsverlauf gehalten werden und nicht mit dem Ziel, die Kontrolle zu ändern oder zu beeinflussen.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



Alger Associates, Inc.
Signature:/s/ Hal Liebes
Name/Title:Hal Liebes / Secretary
Date:08/14/2025

FAQ

How many Forte Biosciences (FBRX) shares does Alger Associates own?

Alger Associates reports beneficial ownership of 1,618,649 shares, representing 13.3% of the class.

Does Alger Associates have voting power over its FBRX shares?

Yes. The filing reports sole voting power for 1,608,040 shares and sole dispositive power for 1,618,649 shares.

Are the FBRX shares held on behalf of clients or the firm?

The securities are held by open-end investment companies or managed accounts that are clients of Fred Alger Management, LLC, an investment adviser and subsidiary within the Alger ownership chain.

Is Alger Associates seeking to influence control of Forte Biosciences?

The signer certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

How is the Alger ownership structure described in the filing?

Fred Alger Management, LLC is a 100% owned subsidiary of Alger Group Holdings, LLC, which is a 100% owned subsidiary of Alger Associates, Inc., per the filing.
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