BERKSHIRE HILLS BANCORP INC BBT
COM · Common Stock · CUSIP 084680107
Bank in the Northeastern United States
- SectorFinancials
- IndustrySavings Institutions, Not Federally Chartered
- HeadquartersBoston, MA
- Websiteberkshirebank.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($13.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.45. Options: 1 managers hold calls ($15.2k notional), 1 hold puts ($6.1k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 192 |
| Q4 2022 | 180 |
| Q1 2023 | 183 |
| Q2 2023 | 173 |
| Q3 2023 | 173 |
| Q4 2023 | 174 |
| Q1 2024 | 179 |
| Q2 2024 | 179 |
| Q3 2024 | 189 |
| Q4 2024 | 216 |
| Q1 2025 | 231 |
| Q2 2025 | 232 |
| Q3 2025 | 278 |
| Q4 2025 | 283 |
| Q1 2026 | 293 |
| Q2 2026 | 293 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 83 | 75 |
| Q4 2024 | 103 | 68 |
| Q1 2025 | 131 | 67 |
| Q2 2025 | 129 | 89 |
| Q3 2025 | 220 | 71 |
| Q4 2025 | 120 | 160 |
| Q1 2026 | 140 | 122 |
| Q2 2026 | 139 | 123 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $4.4k | $0 | 0.00 |
| Q4 2025 | $29.0k | $0 | 0.00 |
| Q1 2026 | $30.4k | $0 | 0.00 |
| Q2 2026 | $15.2k | $6.1k | 0.40 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | New | +1.1m |
| Walleye Capital LLC | New | +665.5k |
| BANK OF AMERICA CORP /DE/ | Added | +437.7k |
| Verition Fund Management LLC | Added | +388.1k |
| STATE STREET CORP | Added | +375.0k |
| MORGAN STANLEY | Added | +329.8k |
| Trexquant Investment LP | New | +271.6k |
| SummitTX Capital, L.P. | Added | +227.2k |
| Brevan Howard Capital Management LP | Added | +212.5k |
| HoldCo Asset Management, LP | Added | +202.0k |
Biggest sellers
| Azora Capital LP | Sold out | -3.1m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -833.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -470.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -332.9k |
| Ategra Capital Management, LLC | Reduced | -245.5k |
| LPL Financial LLC | Reduced | -201.0k |
| THOMPSON SIEGEL & WALMSLEY LLC | Sold out | -181.4k |
| Interval Partners, LP | Sold out | -165.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -158.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -152.3k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $15.2k500 shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $6.1k200 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.3 pts · filed 2025-04-25 | 14.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| STATE STREET CORP 13G · institution +0.2 pts · filed 2025-08-11 | 5.2% |
Fell to 5% or below in the last year: INTEGRATED CORE STRATEGIES (US) LLC (4.2%, 2026-10-23), FULLER & THALER ASSET MANAGEMENT, INC. (4.7%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $31.5k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $26.0k | — |
| Q4 2025 | 4 | $267.0k | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $538.0k | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 12.4m $376.6m | Added +184.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 5.2m $158.7m | Added +78.1k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 5.2m $157.3m | Added +53.8k |
| STATE STREET CORP 0.00% of their portfolio | 5.1m $156.2m | Added +375.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 5.0m $150.9m | Added +137.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.33% of their portfolio | 3.9m $119.9m | Reduced -833.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.8m $114.5m | Reduced -5.0k |
| Verition Fund Management LLC 0.51% of their portfolio | 2.4m $73.2m | Added +388.1k |
| HoldCo Asset Management, LP 4.42% of their portfolio | 2.3m $68.9m | Added +202.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $65.8m | Added +115.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $50.7m | Added +329.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.06% of their portfolio | 1.5m $45.5m | Reduced -332.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 1.3m $38.5m | Added +62.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $32.4m | Added +437.7k |
| Nuveen, LLC 0.01% of their portfolio | 1.1m $32.3m | Added +198.9k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.64% of their portfolio | 1.1m $32.3m | Reduced -67.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.1m $32.1m | Reduced -35.9k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 1.1m $32.0m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 952.9k $29.0m | Reduced -470.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 910.9k $27.7m | Added +84.4k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 829.4k $25.3m | Added +28.5k |
| Walleye Capital LLC 0.10% of their portfolio | 665.5k $20.3m | New |
| STRATEGIC VALUE BANK PARTNERS LLC 13.30% of their portfolio | 623.7k $19.0m | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.31% of their portfolio | 574.0k $17.5m | Added +46.8k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 565.7k $17.2m | Added +24.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 541.1k $16.5m | Added +13.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 475.3k $14.5m | Added +5.5k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 470.5k $14.3m | Reduced -158.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 431.7k $13.1m | Reduced -138.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 406.1k $12.4m | Reduced -1.3k |
| Invesco Ltd. 0.00% of their portfolio | 403.6k $12.3m | Reduced -40.6k |
| Glendon Capital Management LP 1.50% of their portfolio | 381.2k $11.6m | Unchanged |
| Empowered Funds, LLC 0.06% of their portfolio | 377.9k $11.5m | Added +46.8k |
| BAYVIEW ASSET MANAGEMENT, LLC 8.30% of their portfolio | 364.8k $11.1m | Reduced -30.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 348.5k $10.5m | Added +114.2k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 331.3k $10.1m | Added +130.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 329.4k $10.2m | Reduced -18.0k |
| Brevan Howard Capital Management LP 0.13% of their portfolio | 312.5k $9.5m | Added +212.5k |
| ROYCE & ASSOCIATES LP 0.07% of their portfolio | 303.6k $9.2m | Reduced -14.0k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 288.0k $8.8m | Reduced -11.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 286.1k $8.7m | Added +126.9k |
| UBS Group AG 0.00% of their portfolio | 276.8k $8.4m | Reduced -146.9k |
| SummitTX Capital, L.P. 0.22% of their portfolio | 272.8k $8.3m | Added +227.2k |
| Trexquant Investment LP 0.05% of their portfolio | 271.6k $8.3m | New |
| Ategra Capital Management, LLC 4.30% of their portfolio | 265.7k $8.1m | Reduced -245.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 237.9k $7.2m | Reduced -14.3k |
| MALTESE CAPITAL MANAGEMENT LLC 1.30% of their portfolio | 234.9k $7.2m | Reduced -25.1k |
| MENDON CAPITAL ADVISORS CORP 2.46% of their portfolio | 228.4k $7.0m | Added +28.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 215.6k $6.6m | Reduced -23.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 215.0k $6.5m | Added +4.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 208.0k $6.3m | Reduced -10.0k |
| Curi Capital, LLC 0.09% of their portfolio | 200.2k $6.1m | Added +30.1k |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 196.7k $6.0m | Reduced -47.7k |
| Legal & General Group Plc 0.00% of their portfolio | 189.0k $5.8m | Added +2.6k |
| GRACE & WHITE INC /NY 0.90% of their portfolio | 186.3k $5.7m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 168.7k $5.1m | Added +2.4k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 157.3k $4.8m | Added +78.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 146.8k $4.5m | Added +1.4k |
| CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio | 142.0k $4.3m | Added +20.7k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio | 132.2k $4.0m | Added +67.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 130.6k $4.0m | Added +18.1k |
| EJF Capital LP 2.62% of their portfolio | 128.5k $3.9m | Reduced -19.7k |
| HENNESSY ADVISORS INC 0.11% of their portfolio | 115.0k $3.5m | Added +4.0k |
| CITIGROUP INC 0.00% of their portfolio | 102.8k $3.1m | Added +12.4k |
| Brookstone Capital Management 0.03% of their portfolio | 100.1k $3.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 99.2k $3.0m | Reduced -2.6k |
| Cutler Capital Management, LLC 0.77% of their portfolio | 97.3k $3.0m | Added +20.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 96.5k $2.9m | Added +9.1k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 91.2k $2.8m | Added +76.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 86.5k $2.6m | Added +1.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 84.4k $2.6m | Added +9.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 81.9k $2.5m | Added +32.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% of their portfolio | 80.8k $2.5m | Added +56.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 80.0k $2.4m | Added +42.4k |
| CM Management, LLC 1.55% of their portfolio | 80.0k $2.4m | Added +40.0k |
| XTX Topco Ltd 0.03% of their portfolio | 74.2k $2.3m | Added +52.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 72.9k $2.2m | Added +1.1k |
| SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio | 71.2k $2.2m | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 70.5k $2.1m | Reduced -1.8k |
| PMC FIG Opportunities LLC 3.33% of their portfolio | 68.1k $2.1m | Added +41.9k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 67.5k $2.1m | Reduced -2.1k |
| Corient Private Wealth LP 0.00% of their portfolio | 67.4k $2.1m | Added +4.5k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 67.3k $2.0m | Reduced -20.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 65.6k $2.0m | Reduced -8.2k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 59.7k $1.8m | Reduced -1.9k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 58.7k $1.8m | Reduced -1.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 57.3k $1.7m | Added +21.5k |
| Aquatic Capital Management LLC 0.06% of their portfolio | 56.9k $1.7m | New |
| Cerity Partners LLC 0.00% of their portfolio | 56.1k $1.7m | Reduced -4.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 55.0k $1.7m | Added +41.0k |
| Clarendon Private LLC 0.98% of their portfolio | 50.2k $1.5m | Reduced -735 |
| MetLife Investment Management, LLC 0.01% of their portfolio | 49.6k $1.5m | Added +4.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 49.4k $1.5m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 46.4k $1.4m | Added +26.8k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 43.6k $1.3m | Reduced -990 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 43.2k $1.3m | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 42.9k $1.3m | Added +13.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 42.7k $1.3m | Added +29.2k |
| IRONWOOD INVESTMENT MANAGEMENT LLC 0.42% of their portfolio | 40.3k $1.2m | Added +10 |
| FMR LLC 0.00% of their portfolio | 40.3k $1.2m | Reduced -869 |