MANAGER DIRECTED PORTFOLIOS

Ticker: TOAK CUSIP: 56170L661 Class: TWIN OAK SHORT

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
EXCHANGE TRADED CONCEPTS, LLC340,000$9,653
Retirement Planning Co of New England, Inc.85,232$2,420
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC49,371$1,404
Total (3 institutions)474,603$13,476