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Commodity Investing with
Physical Insight

Fundamental | Discretionary | Absolute Return

Who We Are

GammaQ was founded in 2006 by Todd Delay, whose vision and leadership shaped the firm’s approach to commodity investing. Todd believed deeply in the value of relationships and genuine connection, and built a strong, dedicated team around those principles. Managing Partners Zachariah Yurch and Nick Brown continue to run the business according to that same philosophy, drawing on a combined 40+ years of commodity investing experience along with strong physical commodity trading backgrounds. This includes substantial cattle ranch, feedlot, and farm owner/operator experience, which provides critical insight into the supply and demand of individual markets.

Investment Approach

We employ a discretionary absolute return strategy that applies deep fundamental analysis to the movement of grain, livestock, and soft commodities and the mechanisms that price them.  GammaQ combines both directional and relative value investments to best express thematic views derived from the macroeconomic analysis and impact on pricing inefficiencies across the commodity complex.

Commodity trading involves substantial risk of loss and may not be suitable for everyone. Past performance is not necessarily indicative of future results. Participation in fund only available to qualified investors*

Specialties

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Getting into the field and connecting directly with stakeholders across the supply chain—from producers to handlers to exporters to end consumers—is fundamental to finding our edge.

Todd Delay, Chief Investment Officer

Meet the Team

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Zachariah
Yurch

Managing Partner & Head Trader

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Nick
Brown

Managing Partner & Chief Operating Officer

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Matt
Wenk

Chief Financial Officer & Chief Compliance Officer

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Samit
Patel

Chief Risk Officer

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Gordie
MacDonald

Data Engineer & Programmer

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Jianfei
“Mark” Fei

Analyst

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Pat
Koons

Physical Cattle Manager

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Analyst

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Kelley
Nichols

Controller, HR & Operations

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Michelle
Robinson

Administrative Assistant

Contact GammaQ

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Participation in fund only available to qualified investors*

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Past performance is not necessarily indicative of future results. Commodity trading involves substantial risk of loss and may not be suitable for everyone. This is not a solicitation.

*Gamma Q is a fundamental discretionary agricultural and livestock focused asset manager offering diversification for Qualified Eligible Persons (QEP’s) as defined by CFTC Regulation 4.7.

Please contact us for further information.

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