diff --git a/arch/x86/events/core.c b/arch/x86/events/core.c
index a88c94d65693..b7f8ed87bfbc 100644
--- a/arch/x86/events/core.c
+++ b/arch/x86/events/core.c
@@ -372,10 +372,12 @@ int x86_reserve_hardware(void)
 	if (!atomic_inc_not_zero(&pmc_refcount)) {
 		mutex_lock(&pmc_reserve_mutex);
 		if (atomic_read(&pmc_refcount) == 0) {
-			if (!reserve_pmc_hardware())
+			if (!reserve_pmc_hardware()) {
 				err = -EBUSY;
-			else
+			} else {
 				reserve_ds_buffers();
+				reserve_lbr_buffers();
+			}
 		}
 		if (!err)
 			atomic_inc(&pmc_refcount);
diff --git a/arch/x86/events/intel/lbr.c b/arch/x86/events/intel/lbr.c
index e2b0efcba101..6c1231837382 100644
--- a/arch/x86/events/intel/lbr.c
+++ b/arch/x86/events/intel/lbr.c
@@ -658,7 +658,6 @@ static inline bool branch_user_callstack(unsigned br_sel)
 
 void intel_pmu_lbr_add(struct perf_event *event)
 {
-	struct kmem_cache *kmem_cache = event->pmu->task_ctx_cache;
 	struct cpu_hw_events *cpuc = this_cpu_ptr(&cpu_hw_events);
 
 	if (!x86_pmu.lbr_nr)
@@ -696,11 +695,6 @@ void intel_pmu_lbr_add(struct perf_event *event)
 	perf_sched_cb_inc(event->ctx->pmu);
 	if (!cpuc->lbr_users++ && !event->total_time_running)
 		intel_pmu_lbr_reset();
-
-	if (static_cpu_has(X86_FEATURE_ARCH_LBR) &&
-	    kmem_cache && !cpuc->lbr_xsave &&
-	    (cpuc->lbr_users != cpuc->lbr_pebs_users))
-		cpuc->lbr_xsave = kmem_cache_alloc(kmem_cache, GFP_KERNEL);
 }
 
 void release_lbr_buffers(void)
@@ -721,6 +715,26 @@ void release_lbr_buffers(void)
 	}
 }
 
+void reserve_lbr_buffers(void)
+{
+	struct kmem_cache *kmem_cache;
+	struct cpu_hw_events *cpuc;
+	int cpu;
+
+	if (!static_cpu_has(X86_FEATURE_ARCH_LBR))
+		return;
+
+	for_each_possible_cpu(cpu) {
+		cpuc = per_cpu_ptr(&cpu_hw_events, cpu);
+		kmem_cache = x86_get_pmu(cpu)->task_ctx_cache;
+		if (!kmem_cache || cpuc->lbr_xsave)
+			continue;
+
+		cpuc->lbr_xsave = kmem_cache_alloc_node(kmem_cache, GFP_KERNEL,
+							cpu_to_node(cpu));
+	}
+}
+
 void intel_pmu_lbr_del(struct perf_event *event)
 {
 	struct cpu_hw_events *cpuc = this_cpu_ptr(&cpu_hw_events);
diff --git a/arch/x86/events/perf_event.h b/arch/x86/events/perf_event.h
index 6a8edfe59b09..d4f2ea2d9a9e 100644
--- a/arch/x86/events/perf_event.h
+++ b/arch/x86/events/perf_event.h
@@ -1122,6 +1122,8 @@ void reserve_ds_buffers(void);
 
 void release_lbr_buffers(void);
 
+void reserve_lbr_buffers(void);
+
 extern struct event_constraint bts_constraint;
 extern struct event_constraint vlbr_constraint;
 
@@ -1267,6 +1269,10 @@ static inline void release_lbr_buffers(void)
 {
 }
 
+static inline void reserve_lbr_buffers(void)
+{
+}
+
 static inline int intel_pmu_init(void)
 {
 	return 0;