Hey guys! Over three years here and still nothing. Is it really that complicated to implement?
For those still struggling, the option to sort the items in a multi-reference field is there, just not where you’re expecting it. You actually set the order when you select the items to be added in your multi-ref list, so in admin, not in the template.
Here’s a screen grab of what I mean - this is the order the list will display on the front end. Yes, it’s manual rather than automatic like a-z or by date, but it’s arguably more flexible.
The above is outlined on the multi-ref university page, but it’s a little unclear - I had to read it a couple of times to fully understand what it was saying:
There’s no filtering and sorting options for this Collection list because it automatically shows the referenced items for that page in the order that you’ve selected them within the multi-reference field."
Hope that helps anyone else confused by this issue 
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Thank you so much! I didn’t think it was this easy. Happy to scroll all the way down🤠