A device for regulating a throughflow and distributing a fluid in a fluid circuit, in particular a refrigerant. The device has a housing with ports for connecting to fluid lines which are connected to at least one inner volume of the housing designed as a valve chamber via a respective through opening, and at least one valve element arranged in the valve chamber with a drive element for moving the valve element relative to the housing. The at least one valve element is mounted such that it can be displaced in a linear manner in the axial direction along a longitudinal axis such that a passage for the fluid is opened between a first port designed as an inlet and a second port designed as a first outlet and/or a third port designed as a second outlet.