diff --git a/Makefile.target b/Makefile.target
index 48c027f4b7..d5ff0c736d 100644
--- a/Makefile.target
+++ b/Makefile.target
@@ -150,8 +150,7 @@ obj-y += migration/ram.o migration/savevm.o
 LIBS := $(libs_softmmu) $(LIBS)
 
 # xen support
-obj-$(CONFIG_XEN_I386) += xen-hvm.o xen-mapcache.o
-obj-$(call lnot,$(CONFIG_XEN_I386)) += xen-hvm-stub.o
+obj-$(CONFIG_XEN_I386) += xen-mapcache.o
 
 # Hardware support
 ifeq ($(TARGET_NAME), sparc64)
diff --git a/hw/i386/xen/Makefile.objs b/hw/i386/xen/Makefile.objs
index 801a68d326..daf4f53fb0 100644
--- a/hw/i386/xen/Makefile.objs
+++ b/hw/i386/xen/Makefile.objs
@@ -1 +1 @@
-obj-y += xen_platform.o xen_apic.o xen_pvdevice.o
+obj-y += xen_platform.o xen_apic.o xen_pvdevice.o xen-hvm.o
diff --git a/hw/i386/xen/trace-events b/hw/i386/xen/trace-events
index 321fe60fed..f25d622d09 100644
--- a/hw/i386/xen/trace-events
+++ b/hw/i386/xen/trace-events
@@ -4,3 +4,14 @@ xen_platform_log(char *s) "xen platform: %s"
 # hw/i386/xen/xen_pvdevice.c
 xen_pv_mmio_read(uint64_t addr) "WARNING: read from Xen PV Device MMIO space (address %"PRIx64")"
 xen_pv_mmio_write(uint64_t addr) "WARNING: write to Xen PV Device MMIO space (address %"PRIx64")"
+
+# xen-hvm.c
+xen_ram_alloc(unsigned long ram_addr, unsigned long size) "requested: %#lx, size %#lx"
+xen_client_set_memory(uint64_t start_addr, unsigned long size, bool log_dirty) "%#"PRIx64" size %#lx, log_dirty %i"
+handle_ioreq(void *req, uint32_t type, uint32_t dir, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p type=%d dir=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
+handle_ioreq_read(void *req, uint32_t type, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p read type=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
+handle_ioreq_write(void *req, uint32_t type, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p write type=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
+cpu_ioreq_pio(void *req, uint32_t dir, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p pio dir=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
+cpu_ioreq_pio_read_reg(void *req, uint64_t data, uint64_t addr, uint32_t size) "I/O=%p pio read reg data=%#"PRIx64" port=%#"PRIx64" size=%d"
+cpu_ioreq_pio_write_reg(void *req, uint64_t data, uint64_t addr, uint32_t size) "I/O=%p pio write reg data=%#"PRIx64" port=%#"PRIx64" size=%d"
+cpu_ioreq_move(void *req, uint32_t dir, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p copy dir=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
diff --git a/xen-hvm.c b/hw/i386/xen/xen-hvm.c
similarity index 99%
rename from xen-hvm.c
rename to hw/i386/xen/xen-hvm.c
index 335e263834..b1c05ffb86 100644
--- a/xen-hvm.c
+++ b/hw/i386/xen/xen-hvm.c
@@ -22,7 +22,7 @@
 #include "qemu/error-report.h"
 #include "qemu/range.h"
 #include "sysemu/xen-mapcache.h"
-#include "trace-root.h"
+#include "trace.h"
 #include "exec/address-spaces.h"
 
 #include <xen/hvm/ioreq.h>
diff --git a/stubs/Makefile.objs b/stubs/Makefile.objs
index 6c80613dd7..f5b47bfd74 100644
--- a/stubs/Makefile.objs
+++ b/stubs/Makefile.objs
@@ -38,3 +38,4 @@ stub-obj-y += target-get-monitor-def.o
 stub-obj-y += pc_madt_cpu_entry.o
 stub-obj-y += vmgenid.o
 stub-obj-y += xen-common.o
+stub-obj-y += xen-hvm.o
diff --git a/xen-hvm-stub.c b/stubs/xen-hvm.c
similarity index 100%
rename from xen-hvm-stub.c
rename to stubs/xen-hvm.c
diff --git a/trace-events b/trace-events
index b07a09ba95..4e1448786f 100644
--- a/trace-events
+++ b/trace-events
@@ -48,17 +48,6 @@ spice_vmc_register_interface(void *scd) "spice vmc registered interface %p"
 spice_vmc_unregister_interface(void *scd) "spice vmc unregistered interface %p"
 spice_vmc_event(int event) "spice vmc event %d"
 
-# xen-hvm.c
-xen_ram_alloc(unsigned long ram_addr, unsigned long size) "requested: %#lx, size %#lx"
-xen_client_set_memory(uint64_t start_addr, unsigned long size, bool log_dirty) "%#"PRIx64" size %#lx, log_dirty %i"
-handle_ioreq(void *req, uint32_t type, uint32_t dir, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p type=%d dir=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
-handle_ioreq_read(void *req, uint32_t type, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p read type=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
-handle_ioreq_write(void *req, uint32_t type, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p write type=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
-cpu_ioreq_pio(void *req, uint32_t dir, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p pio dir=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
-cpu_ioreq_pio_read_reg(void *req, uint64_t data, uint64_t addr, uint32_t size) "I/O=%p pio read reg data=%#"PRIx64" port=%#"PRIx64" size=%d"
-cpu_ioreq_pio_write_reg(void *req, uint64_t data, uint64_t addr, uint32_t size) "I/O=%p pio write reg data=%#"PRIx64" port=%#"PRIx64" size=%d"
-cpu_ioreq_move(void *req, uint32_t dir, uint32_t df, uint32_t data_is_ptr, uint64_t addr, uint64_t data, uint32_t count, uint32_t size) "I/O=%p copy dir=%d df=%d ptr=%d port=%#"PRIx64" data=%#"PRIx64" count=%d size=%d"
-
 # xen-mapcache.c
 xen_map_cache(uint64_t phys_addr) "want %#"PRIx64
 xen_remap_bucket(uint64_t index) "index %#"PRIx64