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            <liquidityLei>5493000NQ9LYLDBCTL34</liquidityLei>
            <liquidityRssdId>N/A</liquidityRssdId>
            <liquidityStateCountry liquidityState="US-NY" liquidityCountry="US"/>
            <isAffiliatedPerson>N</isAffiliatedPerson>
            <assetClassType>Equity-common</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <exchangeSeriesInfo/>
    <attachmentsTab>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
    </attachmentsTab>
    <signature registrantSignedName="Manager Directed Portfolios" signedDate="2026-01-13" signature="/s/ Ryan Frank" title="President"/>
  </formData>
</edgarSubmission>
