diff --git a/mm/page_alloc.c b/mm/page_alloc.c
index 19394f8f9daf1ad9d499f4cf2987182615b76d60..12a7a81996d3b6fb145bc78b20fd2448c8532bbc 100644
--- a/mm/page_alloc.c
+++ b/mm/page_alloc.c
@@ -4971,6 +4971,18 @@ unsigned long __alloc_pages_bulk(gfp_t gfp, int preferred_nid,
 	if (nr_pages - nr_populated == 1)
 		goto failed;
 
+#ifdef CONFIG_PAGE_OWNER
+	/*
+	 * PAGE_OWNER may recurse into the allocator to allocate space to
+	 * save the stack with pagesets.lock held. Releasing/reacquiring
+	 * removes much of the performance benefit of bulk allocation so
+	 * force the caller to allocate one page at a time as it'll have
+	 * similar performance to added complexity to the bulk allocator.
+	 */
+	if (static_branch_unlikely(&page_owner_inited))
+		goto failed;
+#endif
+
 	/* May set ALLOC_NOFRAGMENT, fragmentation will return 1 page. */
 	gfp &= gfp_allowed_mask;
 	alloc_gfp = gfp;