TrimTabs in the News
MarketWatch.com
Feb 11, 2008
Goldman Sachs buys minority stake in TrimTabs
By Alistair Barr
Goldman Sachs bought a minority stake in TrimTabs Investment Research, the firms said on Monday.
The deal will help TrimTabs, run by Charles Biderman, expand its research on the supply and demand of equities and cash available for investment, the firm said.
more >>
Reuters
Sep 4, 2007
Lid lifted more on hedge funds with new data
By Svea Herbst-Bayliss
BOSTON, Sept 4 (Reuters) - Investors got their first glimpse at monthly statistics about which types of U.S. hedge funds are pulling money in or giving it back, when a data firm published numbers that analysts say could shape investment choices.
TrimTabs Investment Research, already well-known in the $11.2 trillion mutual fund industry for its weekly snapshots of where investors put their money, moved into the $1.9 trillion hedge fund industry when it published asset flow data for July late on Monday evening. The company teamed with BarclayHedge and said it will release the data 12 times a year.more>>
May 22, 2007
Financial Times
Insight: Government figures give clues but not all the answers
By Charles Biderman, founder and chief executive officer of TrimTabs Investment Research.
Many strategists express amazement that the US stock market is rising steadily as the US economy is weakening. But what if the conventional wisdom about a US economic slowdown is wrong? If better real-time data were available, investors would realize that the US economy is booming rather than slumping.
Those who argue that the US economy is losing steam often cite initial releases from the Bureau of Economic Analysis and the Bureau of Labor Statistics. Yet these initial releases are based on surveys and the extrapolation of historic data rather than real-time information. more>>
Mar 12, 2007
Forbes Magazine
Boom Times By Scott Woolley
"The company Biderman founded, Trimtabs, has made a nice business selling its liquidity data to mutual funds and hedge funds for between $15,000 and $150,000 a year. More recently it has opened up its own fund for private clients, seeking to repeat its past success at calling market turns. (Following Trimtabs calls to buy S&P Index funds in bullish times and going to cash in bearish periods, Biderman says his fund would have yielded 104% since 1998, versus 48% for holding the S&P the entire time.). more >>
TrimTabs Quoted
TrimTabs experts, data and analysis are quoted and featured regularly in a variety of financial and business publications.
Businessweek.com
Mar 12, 2007
What The Market Is Telling Us
"To the extent that U.S. mutual fund investors are interested in stocks at all, they're interested in foreign ones. According to fund-flow tracker TrimTabs Investment Research, last year saw U.S. funds draw just $20billion in inflows, compared with nearly $150 billion dedicated to hot foreign investments. If there are excesses in global markets, they're far more pronounced overseas than they are in the U.S. And if history is a guide, the U.S. market is where investors will run if and when emerging markets get choppier." more >>
MarketWatch.com
Mar 2, 2007
Investors flee equity mutual funds By Ciara Linnane
"Investors withdrew an estimated $2.39 billion from global equity mutual funds tracked by TrimTabs Investment Research in the week ended Thursday, a sharp reversal from the $2.73 billion that flowed into the funds during the previous week." more >>
Reuters
Mar 1, 2007
UPDATE 1-Investors pull money from stock funds, ETFs-report
"TrimTabs Investment Research, a Santa Rosa, California-based firm that tracks market trends for institutions, said U.S. equity funds suffered an estimated $3.4 billion outflow during the week ended Feb. 28. Some $3 billion of that was withdrawn on Tuesday and Wednesday alone. TrimTabs also said U.S. exchange-traded funds bled $4.2 billion during the same period." more >>
Forbes.com
Mar 1, 2007
Broad Market Vipers Get Big Inflow
"Panic selling hit U.S. equity ETFs in the wake of Tuesday's market meltdown. After redeeming $2.1 billion on Tuesday, U.S. equity ETFs redeemed a staggering $2.7 billion on Wednesday. Breadth was barely positive at 28:23. Once again, the leading redeemers were IWM (iShares Russell 2000), which lost $1.8 billion (19.1% of assets), and SPY (Spiders), which lost $1.0 billion (1.7% of assets). IYR (iShares Dow Jones Real Estate) also posted a sizeable outflow, redeeming $212 million (11.0% of assets). The only fund issuing more than $100 million was QQQQ (Cubes), which issued $412 million (2.3% of assets)." more >>
Dow Jones Newswire at Nasdaq.com
Mar 1, 2007
Stock Mutual Funds Saw $2.39 Billion Outflow Thursday-Wed-TrimTabs By Nyrie Jackson
"Stock mutual funds saw an outflow of $2.39 billion during the week ended Wednesday, compared with an inflow of $2.7 billion during the previous week, according to TrimTabs Investment Research estimates. For the week ended Wednesday, domestic funds saw an outflow of $3.5 billion, compared with an inflow of $530 million during the previous week. International stock funds saw an inflow of $1.34 billion, compared with an inflow of $2.2 billion during the previous week."
Forbes.com
Feb 28, 2007
U.S. Equity ETFs Bleed $2.1 Billion
"U.S. equity ETFs redeemed a whopping $2.1 billion on Tuesday, the highest outflow since a $3.2 billion outflow on Feb. 12. Breadth was positive at 34:17. The leading redeemers were both futures-related funds: SPY (Spiders) lost $1.5 billion (2.6% of assets), and IWM (iShares Russell 2000) also lost $1.5 billion (13.1% of assets). But QQQQ (Cubes) was the leading issuer, receiving $831 million (4.7% of assets). Sector flows were fairly subdued. The only sectors with significant flow were Materials, which lost $284 million (9.0% of assets), and Industrials, which issued $77 million (2.7% of assets)." more >>
New York Sun
Feb 28, 2007
Time To Be A Bit Aggressive By Dan Dorfman
"A liquidity tracker, Charles Biderman, who in Monday's New York Sun predicted an imminent and substantial decline in what he described as an overpriced Chinese market, agrees. I think the American market will calm down shortly, but it could be nasty overseas for a while, he says." more >>
Investor's Business Daily
Feb 28, 2007
Investors Warm To U.S. Stock Funds By Trang Ho
"Performance chasers should watch out for a severe correction abroad. The rapid advance in foreign stocks, especially the BRIC countries, came to a screeching halt this week. A 9% plunge in the Shanghai index sparked a worldwide sell-off Tuesday. If the global markets keep correcting, that could be very good for U.S. stocks as they (investors) will want to put their money back into U.S. markets, said Charles Biderman, president of TrimTabs, a research firm that tracks fund flows." more >>
New York Sun
Feb 26, 2007
China Syndrome By Dan Dorfman
"Mr. Biderman, president of TrimTabs Investment Research of Santa Rosa, Calif., a liquidity service for institutional investors, primarily hedge funds, says the last time so much money went into one sector was in 1999 and 2000 when about $300 billion poured into Internet stocks just before the dot-com crash." more >>
Reuters
Feb 15, 2007
U.S. stock funds take in $3.6 bln in week - TrimTabs
"U.S.-based stock mutual funds took in a net $3.61 billion in the week ended Feb. 14, up from an inflow of $110 million during the prior week, as flows to funds investing domestically turned positive, TrimTabs Investment Research estimated on Thursday."
Investor's Business Daily
Jan 30, 2007
Investors Bail Out Of U.S. Stock Funds By Trang Ho
"In January, investors stuffed $12 billion into world stock funds, according to estimates from fund flows tracker TrimTabs. They retrieved $2 billion from U.S. stock funds. The lopsided asset flow trend is unsustainable, said TrimTabs President Conrad Gann. We believe it's driven by return chasing, Gann said. A correction in emerging market and international funds will eventually lead to funds returning to the U.S."
USA Today
Jan 16, 2007
U.S. investors send their cash packing By John Waggoner
"Lured by red-hot gains in foreign markets, investors poured money into international stock mutual funds at a record-shattering pace in 2006. Investors flooded international stock funds with an estimated $150 billion last year, according to TrimTabs.com, which tracks flows of money into and out of mutual funds. An estimated $180 billion flowed into stock funds of all types." more >>
Smartmoney.com
Jan 8, 2007
Buyouts and Buybacks Remain Poised to Drive Markets By Igor Greenwald
"The figures come from TrimTabs.com, which estimates that cash buyouts and share buybacks absorbed more than 3% of the U.S. market cap last year. No wonder the NYSE Composite index went up 18% last year despite a virtual boycott of domestic stocks by mutual-fund buyers. The real wonder is that the market's benefactors may have no choice but to spoil it yet again." more >>
MarketWatch
Nov 24 , 2006
Investing: Chasing a Trend By Doug Rogers
“Conrad Gann, TrimTabs' president and chief operating officer, notes that the current rally has been fueled less by inflow from retail investors and more by contraction in the supply of stocks outstanding. "That's favorable," Gann said. "It's not like the previous peak, where the market was pumped up by a huge flow coming in every month.”
TheStreet.com
Aug 11, 2005
“RealMoney” Radio Recap: IPO Torrents of Summer By TheStreet.com
“Charles Biderman, CEO of the fund flow tracking service TrimTabs.com… correctly turned bullish in April after watching a step-up in fund flows….” more >>
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