Generally speaking, the frequency of fund managers changing stock positions is not fixed. He can exchange shares every day and announce his position once a quarter. Generally, it will be announced around 15 working days after the end of a quarter.

The frequency of fund managers' stock exchange can refer to the turnover rate of funds. Generally speaking, fund managers with high turnover rate frequently change positions; If the turnover rate is low, the position changes less.

Fund managers generally do not change their positions with the market. Excellent fund managers have their own investment fields.