In filings today with the U.S. Securities and Exchange Commission,UBS Group (UBS) disclosed that it has acquired a 7.01% passive stake in Trulia (TRLA) and a 5.29% stake in Zillow (Z).

 Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients. 

UBS has previously invested in U.S. residential mortgage backed securities and faced massive lawsuits after the crash.