diff --git a/fs/libfs.c b/fs/libfs.c
index 0d14ae808fcf..67dc503272eb 100644
--- a/fs/libfs.c
+++ b/fs/libfs.c
@@ -2013,6 +2013,8 @@ static struct dentry *prepare_anon_dentry(struct dentry **stashed,
 	if (!dentry)
 		return ERR_PTR(-ENOMEM);
 
+	/* Store address of location where dentry's supposed to be stashed. */
+	dentry->d_fsdata = stashed;
 	inode = new_inode_pseudo(sb);
 	if (!inode) {
 		dput(dentry);
@@ -2029,9 +2031,6 @@ static struct dentry *prepare_anon_dentry(struct dentry **stashed,
 	WARN_ON_ONCE(!S_ISREG(inode->i_mode));
 	WARN_ON_ONCE(!IS_IMMUTABLE(inode));
 
-	/* Store address of location where dentry's supposed to be stashed. */
-	dentry->d_fsdata = stashed;
-
 	/* @data is now owned by the fs */
 	d_instantiate(dentry, inode);
 	return dentry;