Monitor for any future amendments that could indicate a shift from passive to active intent, though the current filing is clearly passive. The stake is sizable but held across multiple vehicles, reducing the likelihood of activist engagement.
Price Chart
Executive Summary
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed a new Schedule 13G disclosing a 7.2% passive stake in Vistance Networks, Inc. as of September 30, 2026. The filing confirms no intent to influence control, and the stake is held primarily through unit investment trusts and managed accounts.
Key Financial Metrics
Key Facts
- First Trust entities collectively own 16,599,236 shares of Vistance Networks, representing 7.2% of outstanding common stock.
- The filing is a new Schedule 13G (not an amendment), with a beneficial ownership date of September 30, 2026.
- The filers certify passive intent under Rule 13d-1(b) and disclaim beneficial ownership of the shares.
- First Trust Portfolios L.P. acts as sponsor of unit investment trusts that hold shares; First Trust Advisors L.P. serves as portfolio supervisor; The Charger Corporation is the general partner of both.
- The shares are voted by the trustee of the unit investment trusts, not by the filers, except under limited conditions per Rule 12d1-4.
Financial Impact
7.2% stake valued at approximately $108M based on $1.5B market cap.
Risk Factors
- No material risks identified from this passive stake filing.
- The filing contains no financial data or forward-looking statements.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0001445546-26-008247 |
| Document: 0001445546-26-008247-index-headers.html | 0001445546-26-008247 |
| Document: 0001445546-26-008247-index.html | 0001445546-26-008247 |
| Document: 0001445546-26-008247.txt | 0001445546-26-008247 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | SC 13G/A | $6.49 | awaiting T+5 | awaiting T+5 | $6.54 (−0.75%) |
Oct 30, 2026 2d ago | SC 13G | $6.38 | awaiting T+5 | awaiting T+5 | $6.54 (+2.51%) |
Oct 15, 2026 17d ago | Institutional Cluster | $5.89 $6.08 | ▼ −3.23% | ▼ −4.24% | $6.54 (−11.04%) |
Oct 14, 2026 18d ago | 8-K | $5.89 $6.08 | ▲ +3.23% | ▲ +4.24% | $6.54 (+11.04%) |
Aug 6, 2026 12w ago | 8-K | $10.10 $11.35 | ▲ +12.38% | ▲ +11.16% | $6.54 (−35.25%) |
Aug 6, 2026 12w ago | 8-K | $10.10 $11.35 | ▲ +12.38% | ▲ +11.16% | $6.54 (−35.25%) |
Jul 1, 2026 17w ago | 8-K | $12.37 $12.07 | ▼ −2.43% | ▼ −2.69% | $6.54 (−47.13%) |
Apr 8, 2026 29w ago | 8-K | $9.14 $9.26 | ▲ +1.33% | ▼ −1.85% | $6.54 (−28.44%) |
Mar 23, 2026 31w ago | DEFA14A | $8.86 $8.88 | ▲ +0.28% | ▲ +0.70% | $6.54 (−26.16%) |
Feb 27, 2026 35w ago | EFFECT | $8.57 $8.40 | ▼ −2.05% | ▼ −0.07% | $6.54 (−23.72%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers