diff --git a/arch/x86/kvm/x86.c b/arch/x86/kvm/x86.c
index 3b711cd261d7..d92aed0d1b3a 100644
--- a/arch/x86/kvm/x86.c
+++ b/arch/x86/kvm/x86.c
@@ -260,13 +260,14 @@ int kvm_set_shared_msr(unsigned slot, u64 value, u64 mask)
 	struct kvm_shared_msrs *smsr = per_cpu_ptr(shared_msrs, cpu);
 	int err;
 
-	if (((value ^ smsr->values[slot].curr) & mask) == 0)
+	value = (value & mask) | (smsr->values[slot].host & ~mask);
+	if (value == smsr->values[slot].curr)
 		return 0;
-	smsr->values[slot].curr = value;
 	err = wrmsrl_safe(shared_msrs_global.msrs[slot], value);
 	if (err)
 		return 1;
 
+	smsr->values[slot].curr = value;
 	if (!smsr->registered) {
 		smsr->urn.on_user_return = kvm_on_user_return;
 		user_return_notifier_register(&smsr->urn);