diff --git a/mm/hugetlb.c b/mm/hugetlb.c
index 1fdd9eab240c..444cda461d1e 100644
--- a/mm/hugetlb.c
+++ b/mm/hugetlb.c
@@ -3921,100 +3921,123 @@ static int set_max_huge_pages(struct hstate *h, unsigned long count, int nid,
 	return 0;
 }
 
-static int demote_free_hugetlb_folio(struct hstate *h, struct folio *folio)
+static long demote_free_hugetlb_folios(struct hstate *src, struct hstate *dst,
+				       struct list_head *src_list)
 {
-	int i, nid = folio_nid(folio);
-	struct hstate *target_hstate;
-	struct page *subpage;
-	struct folio *inner_folio;
-	int rc = 0;
+	long rc;
+	struct folio *folio, *next;
+	LIST_HEAD(dst_list);
+	LIST_HEAD(ret_list);
 
-	target_hstate = size_to_hstate(PAGE_SIZE << h->demote_order);
-
-	remove_hugetlb_folio(h, folio, false);
-	spin_unlock_irq(&hugetlb_lock);
-
-	/*
-	 * If vmemmap already existed for folio, the remove routine above would
-	 * have cleared the hugetlb folio flag.  Hence the folio is technically
-	 * no longer a hugetlb folio.  hugetlb_vmemmap_restore_folio can only be
-	 * passed hugetlb folios and will BUG otherwise.
-	 */
-	if (folio_test_hugetlb(folio)) {
-		rc = hugetlb_vmemmap_restore_folio(h, folio);
-		if (rc) {
-			/* Allocation of vmemmmap failed, we can not demote folio */
-			spin_lock_irq(&hugetlb_lock);
-			add_hugetlb_folio(h, folio, false);
-			return rc;
-		}
-	}
-
-	/*
-	 * Use destroy_compound_hugetlb_folio_for_demote for all huge page
-	 * sizes as it will not ref count folios.
-	 */
-	destroy_compound_hugetlb_folio_for_demote(folio, huge_page_order(h));
+	rc = hugetlb_vmemmap_restore_folios(src, src_list, &ret_list);
+	list_splice_init(&ret_list, src_list);
 
 	/*
 	 * Taking target hstate mutex synchronizes with set_max_huge_pages.
 	 * Without the mutex, pages added to target hstate could be marked
 	 * as surplus.
 	 *
-	 * Note that we already hold h->resize_lock.  To prevent deadlock,
+	 * Note that we already hold src->resize_lock.  To prevent deadlock,
 	 * use the convention of always taking larger size hstate mutex first.
 	 */
-	mutex_lock(&target_hstate->resize_lock);
-	for (i = 0; i < pages_per_huge_page(h);
-				i += pages_per_huge_page(target_hstate)) {
-		subpage = folio_page(folio, i);
-		inner_folio = page_folio(subpage);
-		if (hstate_is_gigantic(target_hstate))
-			prep_compound_gigantic_folio_for_demote(inner_folio,
-							target_hstate->order);
-		else
-			prep_compound_page(subpage, target_hstate->order);
-		folio_change_private(inner_folio, NULL);
-		prep_new_hugetlb_folio(target_hstate, inner_folio, nid);
-		free_huge_folio(inner_folio);
+	mutex_lock(&dst->resize_lock);
+
+	list_for_each_entry_safe(folio, next, src_list, lru) {
+		int i;
+
+		if (folio_test_hugetlb_vmemmap_optimized(folio))
+			continue;
+
+		list_del(&folio->lru);
+		/*
+		 * Use destroy_compound_hugetlb_folio_for_demote for all huge page
+		 * sizes as it will not ref count folios.
+		 */
+		destroy_compound_hugetlb_folio_for_demote(folio, huge_page_order(src));
+
+		for (i = 0; i < pages_per_huge_page(src); i += pages_per_huge_page(dst)) {
+			struct page *page = folio_page(folio, i);
+
+			if (hstate_is_gigantic(dst))
+				prep_compound_gigantic_folio_for_demote(page_folio(page),
+									dst->order);
+			else
+				prep_compound_page(page, dst->order);
+			set_page_private(page, 0);
+
+			init_new_hugetlb_folio(dst, page_folio(page));
+			list_add(&page->lru, &dst_list);
+		}
 	}
-	mutex_unlock(&target_hstate->resize_lock);
 
-	spin_lock_irq(&hugetlb_lock);
+	prep_and_add_allocated_folios(dst, &dst_list);
 
-	/*
-	 * Not absolutely necessary, but for consistency update max_huge_pages
-	 * based on pool changes for the demoted page.
-	 */
-	h->max_huge_pages--;
-	target_hstate->max_huge_pages +=
-		pages_per_huge_page(h) / pages_per_huge_page(target_hstate);
+	mutex_unlock(&dst->resize_lock);
 
 	return rc;
 }
 
-static int demote_pool_huge_page(struct hstate *h, nodemask_t *nodes_allowed)
+static long demote_pool_huge_page(struct hstate *src, nodemask_t *nodes_allowed,
+				  unsigned long nr_to_demote)
 	__must_hold(&hugetlb_lock)
 {
 	int nr_nodes, node;
-	struct folio *folio;
+	struct hstate *dst;
+	long rc = 0;
+	long nr_demoted = 0;
 
 	lockdep_assert_held(&hugetlb_lock);
 
 	/* We should never get here if no demote order */
-	if (!h->demote_order) {
+	if (!src->demote_order) {
 		pr_warn("HugeTLB: NULL demote order passed to demote_pool_huge_page.\n");
 		return -EINVAL;		/* internal error */
 	}
+	dst = size_to_hstate(PAGE_SIZE << src->demote_order);
 
-	for_each_node_mask_to_free(h, nr_nodes, node, nodes_allowed) {
-		list_for_each_entry(folio, &h->hugepage_freelists[node], lru) {
+	for_each_node_mask_to_free(src, nr_nodes, node, nodes_allowed) {
+		LIST_HEAD(list);
+		struct folio *folio, *next;
+
+		list_for_each_entry_safe(folio, next, &src->hugepage_freelists[node], lru) {
 			if (folio_test_hwpoison(folio))
 				continue;
-			return demote_free_hugetlb_folio(h, folio);
+
+			remove_hugetlb_folio(src, folio, false);
+			list_add(&folio->lru, &list);
+
+			if (++nr_demoted == nr_to_demote)
+				break;
 		}
+
+		spin_unlock_irq(&hugetlb_lock);
+
+		rc = demote_free_hugetlb_folios(src, dst, &list);
+
+		spin_lock_irq(&hugetlb_lock);
+
+		list_for_each_entry_safe(folio, next, &list, lru) {
+			list_del(&folio->lru);
+			add_hugetlb_folio(src, folio, false);
+			nr_demoted--;
+		}
+
+		if (rc < 0 || nr_demoted == nr_to_demote)
+			break;
 	}
 
+	/*
+	 * Not absolutely necessary, but for consistency update max_huge_pages
+	 * based on pool changes for the demoted page.
+	 */
+	src->max_huge_pages -= nr_demoted;
+	dst->max_huge_pages += nr_demoted * (pages_per_huge_page(src) / pages_per_huge_page(dst));
+
+	if (rc < 0)
+		return rc;
+
+	if (nr_demoted)
+		return nr_demoted;
 	/*
 	 * Only way to get here is if all pages on free lists are poisoned.
 	 * Return -EBUSY so that caller will not retry.
@@ -4249,6 +4272,8 @@ static ssize_t demote_store(struct kobject *kobj,
 	spin_lock_irq(&hugetlb_lock);
 
 	while (nr_demote) {
+		long rc;
+
 		/*
 		 * Check for available pages to demote each time thorough the
 		 * loop as demote_pool_huge_page will drop hugetlb_lock.
@@ -4261,11 +4286,13 @@ static ssize_t demote_store(struct kobject *kobj,
 		if (!nr_available)
 			break;
 
-		err = demote_pool_huge_page(h, n_mask);
-		if (err)
+		rc = demote_pool_huge_page(h, n_mask, nr_demote);
+		if (rc < 0) {
+			err = rc;
 			break;
+		}
 
-		nr_demote--;
+		nr_demote -= rc;
 	}
 
 	spin_unlock_irq(&hugetlb_lock);
