NPORT-P
false
0001359057
XXXXXXXX
S000085376
C000250379
Manager Directed Portfolios
811-21897
0001359057
549300WAC9XE08QLVP90
615 E. Michigan Street
Milwaukee
53202
4145163123
SanJac Alpha Low Duration ETF
S000085376
529900200LBHIXC30Z23
2026-05-31
2025-08-31
N
1529060.290000000000
427.980000000000
1528632.310000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
N
N/A
N/A
TREASURY BILL
254900HROIFWPRGM1V77
United States Treasury Bill
912797QU4
497000.000000000000
PA
USD
496178.480000000000
32.4589815847
Long
DBT
UST
US
N
2
2025-09-16
Fixed
.000000000000
N
N
N
N
N
N
TSY INFL IX N/B
254900HROIFWPRGM1V77
United States Treasury Inflation Indexed Bonds
91282CNB3
354651.500000000000
PA
USD
362118.160000000000
23.6890295744
Long
DBT
UST
US
N
2
2030-04-15
Fixed
1.625000000000
N
N
N
N
N
N
MFA FINANCIAL INC
YW72IMH2RRC8Z1TGLG58
MFA Financial Inc
55272X706
3000.000000000000
NS
USD
75480.000000000000
4.9377472598
Long
EP
CORP
US
N
1
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
912828YQ7
100000.000000000000
PA
USD
97536.110000000000
6.3806128761
Long
DBT
UST
US
N
2
2026-10-31
Fixed
1.625000000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CMY4
100000.000000000000
PA
USD
100117.370000000000
6.5494736272
Long
DBT
UST
US
N
2
2027-04-30
Fixed
3.750000000000
N
N
N
N
N
N
AG MORTGAGE INVEST TR
549300SNP0PBR2XTFR48
AG Mortgage Investment Trust Inc
001228709
3000.000000000000
NS
USD
76050.000000000000
4.9750354943
Long
EP
CORP
US
N
1
N
N
N
U.S. Bank Money Market Deposit Account
N/A
U.S. Bank Money Market Deposit Account
8AMMF0A92
9785.660000000000
NS
USD
9785.660000000000
0.6401578677
Long
STIV
RF
US
N
1
N
N
N
PENNYMAC MTGE INVESTMENT
549300BSSOQO1ZWDUJ97
PennyMac Mortgage Investment Trust
70931T707
1000.000000000000
NS
USD
25330.000000000000
1.6570368057
Long
EP
CORP
US
N
1
N
N
N
PENNYMAC MTGE INVESTMENT
549300BSSOQO1ZWDUJ97
PennyMac Mortgage Investment Trust
70931T806
3500.000000000000
NS
USD
88375.000000000000
5.7813117924
Long
EP
CORP
US
N
1
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
912828ZV5
165000.000000000000
PA
USD
155900.260000000000
10.1986762271
Long
DBT
UST
US
N
2
2027-06-30
Fixed
.500000000000
N
N
N
N
N
N
CHIMERA INVESTMENT CORP
2JBBQFJOL123LOUBE657
Chimera Investment Corp
16934Q877
1400.000000000000
NS
USD
35489.860000000000
2.3216740722
Long
EP
CORP
US
N
1
N
N
N
2025-10-21
Manager Directed Portfolios
/s/ Ryan Frank
Ryan Frank
President
XXXX