TrimTabs Asset Management is a money management firm focused on alpha-oriented strategies. Our methodology is informed by TrimTabs Investment Research’s 25 years of experience delivering proprietary research, as well as conducting groundbreaking real-time analysis of equity market liquidity, free cash flow, and macroeconomic trends.


TrimTabs Investment Research is founded by Charles Biderman as a leading independent institutional research firm focused on equity market liquidity.


TrimTabs Investment Research starts daily collection of data on U.S. exchange-traded funds. Goldman Sachs purchases minority share in TrimTabs Investment Research.


TrimTabs Asset Management is founded with an aim to outperform the broad market without paying high management fees.


TrimTabs begins subadvising TrimTabs Float Shrink ETF (TTFS).


TrimTabs Asset Management Trust is formed to launch TrimTabs family of free cash flow funds.


TrimTabs Investment Research shifts focus from short selling to equity market liquidity research.


TrimTabs Asset Management Trust is formed to launch TrimTabs family of free cash flow funds.

Our Name

The American research and investment institution TrimTabs gets its name from Buckminster Fuller, the American systems theorist and visionary who employed an aeronautical term to deliver the message that small adaptations can make big changes.

Executive team

TrimTabs Asset Management’s management team has over 100 years of combined investment management experience, with proven expertise in all areas of asset management.

Ted Theodore, CFA

Vice Chairman & Chief Investment Officer

Mr. Theodore has specialized both in portfolio management and investment strategy. In addition to being a senior portfolio manager at Citibank and Morgan Stanley, he was head of equity strategy at Citibank and author of the first published research analysis of growth vs. value investing while at Morgan Stanley. Ted was chair of the Asset Allocation Congress and has conducted half-day workshops on global active asset allocation. He was an early adopter of ETFs and started one of the first ETF strategist products in 1999. Ted earned both his MBA in Finance and his undergraduate degree in Economics from the University of Michigan. He is a member of the Institute of Chartered Financial Analysts, the New York Society of Security Analysts and the Market Technicians Association.

+1 (212) 217-2481

Charles Biderman


Mr. Biderman began his career as Alan Abelson’s assistant at Barron’s, and founded TrimTabs in 1990. TrimTabs developed into the only independent research firm providing detailed daily coverage of U.S. stock market liquidity. Drawing on TrimTabs’ decades of research experience, Mr. Biderman’ s firm sub-advised its first exchange traded fund (TTFS) from 10/04/2011-6/30/2016. The firm launched the TrimTabs Float Shrink ETF (TTAC) on 9/28/2016. Mr. Biderman is a regular on CNBC’s Santelli Exchange as well as Bloomberg.

+ (212) 217-2484

Alan Rubenfeld

Director of Sales

Mr. Rubenfeld previously worked in senior ETF sales positions for Financial Products LLC and QuantShares. Alan spent most of his career in senior sales positions at several leading global financial institutions. He was an Executive Director for Portfolio Trading and ETF sales at UBS, Managing Director in Institutional Relationship Management for BNP Paribas and Managing Director in Global Portfolio Trading and Transition Management for Deutsche Bank Securities. He is the author of The Super Traders: Secrets and Successes of Wall Street’s Best and Brightest (Dow Jones Irwin). Alan is a graduate of the University of Michigan, where he received both a BA in English Literature and a Masters in Business Administration.

+1 (212) 217-2514

Jeff Lazar

Chief Operating & Compliance Officer

Mr. Lazar brings many years of operations and compliance experience in finance to TrimTabs, where he oversees compliance, human resources, and operations. Jeff has spent the last 35 years holding similar titles at a number of asset management firms focused on mutual funds, closed-end funds, and hedge funds. Before joining TrimTabs, Jeff served as Chief Operations Officer at Dasoma Capital Management, LLC, a startup global long/short hedge fund. From 1986 to 2003, Jeff served as Executive Vice President as well as Treasurer and Chief Financial Officer for Zweig Advisors Inc. and Zweig Total Return Fund, helping to grow assets to over $1.5 billion. Jeff holds a Bachelor of Science in Accounting from Ithaca College.

+1 (212) 217-2514

References to other funds should be interpreted as an offer of these securities.

Stay up to date to receive a free cash flow research report.

TrimTabs is committed to protecting your privacy. We use your registration information to customize and deliver additional resources via email. If you don't want to receive email from us, simply un-check the box at the bottom of this page. For additional information, please visit our privacy page.


Float Shrink represents the percent change in shares outstanding. This is an average of all holdings in the portfolio as of the date shown.

Free Cash Flow (FCF) represents the cash that a company is able to generate after accounting for expenditures.

Alpha is a measure of performance on a risk-adjusted basis.

The Russell 3000® Index measures the performance of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The Index measures the performance of approximately 98% of the total market capitalization of the publicly traded U.S. equity market. It is not possible to invest directly in an index.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund’s website at www.trimtabsfunds.com/etf. Please read the prospectus carefully before you invest. Quasar Distributors, LLC, is the distributor for TTAC.

There is no guarantee that TTAC will achieve its investment objective. Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Investments in the fund include risks associated with small-and mid-cap securities which involve limited liquidity and greater volatility than large-cap securities.