diff --git a/fs/xfs/xfs_file.c b/fs/xfs/xfs_file.c
index 7f7b42469ea7..8fd4a0708d30 100644
--- a/fs/xfs/xfs_file.c
+++ b/fs/xfs/xfs_file.c
@@ -317,7 +317,19 @@ xfs_file_aio_read(
 	if (XFS_FORCED_SHUTDOWN(mp))
 		return -EIO;
 
-	if (unlikely(ioflags & IO_ISDIRECT)) {
+	/*
+	 * Locking is a bit tricky here. If we take an exclusive lock
+	 * for direct IO, we effectively serialise all new concurrent
+	 * read IO to this file and block it behind IO that is currently in
+	 * progress because IO in progress holds the IO lock shared. We only
+	 * need to hold the lock exclusive to blow away the page cache, so
+	 * only take lock exclusively if the page cache needs invalidation.
+	 * This allows the normal direct IO case of no page cache pages to
+	 * proceeed concurrently without serialisation.
+	 */
+	xfs_rw_ilock(ip, XFS_IOLOCK_SHARED);
+	if ((ioflags & IO_ISDIRECT) && inode->i_mapping->nrpages) {
+		xfs_rw_iunlock(ip, XFS_IOLOCK_SHARED);
 		xfs_rw_ilock(ip, XFS_IOLOCK_EXCL);
 
 		if (inode->i_mapping->nrpages) {
@@ -330,8 +342,7 @@ xfs_file_aio_read(
 			}
 		}
 		xfs_rw_ilock_demote(ip, XFS_IOLOCK_EXCL);
-	} else
-		xfs_rw_ilock(ip, XFS_IOLOCK_SHARED);
+	}
 
 	trace_xfs_file_read(ip, size, iocb->ki_pos, ioflags);