diff --git a/llvm/lib/Target/AArch64/AArch64TargetTransformInfo.cpp b/llvm/lib/Target/AArch64/AArch64TargetTransformInfo.cpp
--- a/llvm/lib/Target/AArch64/AArch64TargetTransformInfo.cpp
+++ b/llvm/lib/Target/AArch64/AArch64TargetTransformInfo.cpp
@@ -725,6 +725,22 @@
   return IC.replaceInstUsesWith(II, FMLA);
 }
 
+static bool isAllActivePredicate(Value *Pred) {
+  // Look through convert.from.svbool(convert.to.svbool(...) chain.
+  Value *UncastedPred;
+  if (match(Pred, m_Intrinsic<Intrinsic::aarch64_sve_convert_from_svbool>(
+                      m_Intrinsic<Intrinsic::aarch64_sve_convert_to_svbool>(
+                          m_Value(UncastedPred)))))
+    // If the predicate has the same or less lanes than the uncasted
+    // predicate then we know the casting has no effect.
+    if (cast<ScalableVectorType>(Pred->getType())->getMinNumElements() <=
+        cast<ScalableVectorType>(UncastedPred->getType())->getMinNumElements())
+      Pred = UncastedPred;
+
+  return match(Pred, m_Intrinsic<Intrinsic::aarch64_sve_ptrue>(
+                         m_ConstantInt<AArch64SVEPredPattern::all>()));
+}
+
 static Optional<Instruction *>
 instCombineSVELD1(InstCombiner &IC, IntrinsicInst &II, const DataLayout &DL) {
   IRBuilder<> Builder(II.getContext());
@@ -735,8 +751,7 @@
   Type *VecTy = II.getType();
   Value *VecPtr = Builder.CreateBitCast(PtrOp, VecTy->getPointerTo());
 
-  if (match(Pred, m_Intrinsic<Intrinsic::aarch64_sve_ptrue>(
-                      m_ConstantInt<AArch64SVEPredPattern::all>()))) {
+  if (isAllActivePredicate(Pred)) {
     LoadInst *Load = Builder.CreateLoad(VecTy, VecPtr);
     return IC.replaceInstUsesWith(II, Load);
   }
@@ -758,8 +773,7 @@
   Value *VecPtr =
       Builder.CreateBitCast(PtrOp, VecOp->getType()->getPointerTo());
 
-  if (match(Pred, m_Intrinsic<Intrinsic::aarch64_sve_ptrue>(
-                      m_ConstantInt<AArch64SVEPredPattern::all>()))) {
+  if (isAllActivePredicate(Pred)) {
     Builder.CreateStore(VecOp, VecPtr);
     return IC.eraseInstFromFunction(II);
   }
diff --git a/llvm/test/Transforms/InstCombine/AArch64/sve-intrinsic-loadstore.ll b/llvm/test/Transforms/InstCombine/AArch64/sve-intrinsic-loadstore.ll
--- a/llvm/test/Transforms/InstCombine/AArch64/sve-intrinsic-loadstore.ll
+++ b/llvm/test/Transforms/InstCombine/AArch64/sve-intrinsic-loadstore.ll
@@ -14,6 +14,19 @@
   ret <vscale x 4 x i32> %2
 }
 
+define <vscale x 4 x i32> @combine_ld1_casted_predicate(i32* %ptr) #0 {
+; CHECK-LABEL: @combine_ld1_casted_predicate(
+; CHECK-NEXT:    [[TMP1:%.*]] = bitcast i32* [[PTR:%.*]] to <vscale x 4 x i32>*
+; CHECK-NEXT:    [[TMP2:%.*]] = load <vscale x 4 x i32>, <vscale x 4 x i32>* [[TMP1]], align 16
+; CHECK-NEXT:    ret <vscale x 4 x i32> [[TMP2]]
+;
+  %1 = tail call <vscale x 8 x i1> @llvm.aarch64.sve.ptrue.nxv8i1(i32 31)
+  %2 = tail call <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv8i1(<vscale x 8 x i1> %1)
+  %3 = tail call <vscale x 4 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv4i1(<vscale x 16 x i1> %2)
+  %4 = call <vscale x 4 x i32> @llvm.aarch64.sve.ld1.nxv4i32(<vscale x 4 x i1> %3, i32* %ptr)
+  ret <vscale x 4 x i32> %4
+}
+
 define <vscale x 4 x i32> @combine_ld1_masked(i32* %ptr) #0 {
 ; CHECK-LABEL: @combine_ld1_masked(
 ; CHECK-NEXT:    [[TMP1:%.*]] = tail call <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32 16)
@@ -26,6 +39,22 @@
   ret <vscale x 4 x i32> %2
 }
 
+define <vscale x 8 x i16> @combine_ld1_masked_casted_predicate(i16* %ptr) #0 {
+; CHECK-LABEL: @combine_ld1_masked_casted_predicate(
+; CHECK-NEXT:    [[TMP1:%.*]] = tail call <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32 31)
+; CHECK-NEXT:    [[TMP2:%.*]] = tail call <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv4i1(<vscale x 4 x i1> [[TMP1]])
+; CHECK-NEXT:    [[TMP3:%.*]] = tail call <vscale x 8 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv8i1(<vscale x 16 x i1> [[TMP2]])
+; CHECK-NEXT:    [[TMP4:%.*]] = bitcast i16* [[PTR:%.*]] to <vscale x 8 x i16>*
+; CHECK-NEXT:    [[TMP5:%.*]] = call <vscale x 8 x i16> @llvm.masked.load.nxv8i16.p0nxv8i16(<vscale x 8 x i16>* [[TMP4]], i32 1, <vscale x 8 x i1> [[TMP3]], <vscale x 8 x i16> zeroinitializer)
+; CHECK-NEXT:    ret <vscale x 8 x i16> [[TMP5]]
+;
+  %1 = tail call <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32 31)
+  %2 = tail call <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv4i1(<vscale x 4 x i1> %1)
+  %3 = tail call <vscale x 8 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv8i1(<vscale x 16 x i1> %2)
+  %4 = call <vscale x 8 x i16> @llvm.aarch64.sve.ld1.nxv8i16(<vscale x 8 x i1> %3, i16* %ptr)
+  ret <vscale x 8 x i16> %4
+}
+
 define void @combine_st1(<vscale x 4 x i32> %vec, i32* %ptr) #0 {
 ; CHECK-LABEL: @combine_st1(
 ; CHECK-NEXT:    [[TMP1:%.*]] = bitcast i32* [[PTR:%.*]] to <vscale x 4 x i32>*
@@ -37,6 +66,19 @@
   ret void
 }
 
+define void @combine_st1_casted_predicate(<vscale x 4 x i32> %vec, i32* %ptr) #0 {
+; CHECK-LABEL: @combine_st1_casted_predicate(
+; CHECK-NEXT:    [[TMP1:%.*]] = bitcast i32* [[PTR:%.*]] to <vscale x 4 x i32>*
+; CHECK-NEXT:    store <vscale x 4 x i32> [[VEC:%.*]], <vscale x 4 x i32>* [[TMP1]], align 16
+; CHECK-NEXT:    ret void
+;
+  %1 = tail call <vscale x 8 x i1> @llvm.aarch64.sve.ptrue.nxv8i1(i32 31)
+  %2 = tail call <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv8i1(<vscale x 8 x i1> %1)
+  %3 = tail call <vscale x 4 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv4i1(<vscale x 16 x i1> %2)
+  call void @llvm.aarch64.sve.st1.nxv4i32(<vscale x 4 x i32> %vec, <vscale x 4 x i1> %3, i32* %ptr)
+  ret void
+}
+
 define void @combine_st1_masked(<vscale x 4 x i32> %vec, i32* %ptr) #0 {
 ; CHECK-LABEL: @combine_st1_masked(
 ; CHECK-NEXT:    [[TMP1:%.*]] = tail call <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32 16)
@@ -49,10 +91,36 @@
   ret void
 }
 
-declare void @llvm.aarch64.sve.st1.nxv4i32(<vscale x 4 x i32>, <vscale x 4 x i1>, i32*)
-declare <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32)
-declare <vscale x 16 x i1> @llvm.aarch64.sve.ptrue.nxv16i1(i32)
+define void @combine_st1_masked_casted_predicate(<vscale x 8 x i16> %vec, i16* %ptr) #0 {
+; CHECK-LABEL: @combine_st1_masked_casted_predicate(
+; CHECK-NEXT:    [[TMP1:%.*]] = tail call <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32 31)
+; CHECK-NEXT:    [[TMP2:%.*]] = tail call <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv4i1(<vscale x 4 x i1> [[TMP1]])
+; CHECK-NEXT:    [[TMP3:%.*]] = tail call <vscale x 8 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv8i1(<vscale x 16 x i1> [[TMP2]])
+; CHECK-NEXT:    [[TMP4:%.*]] = bitcast i16* [[PTR:%.*]] to <vscale x 8 x i16>*
+; CHECK-NEXT:    call void @llvm.masked.store.nxv8i16.p0nxv8i16(<vscale x 8 x i16> [[VEC:%.*]], <vscale x 8 x i16>* [[TMP4]], i32 1, <vscale x 8 x i1> [[TMP3]])
+; CHECK-NEXT:    ret void
+;
+  %1 = tail call <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32 31)
+  %2 = tail call <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv4i1(<vscale x 4 x i1> %1)
+  %3 = tail call <vscale x 8 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv8i1(<vscale x 16 x i1> %2)
+  call void @llvm.aarch64.sve.st1.nxv8i16(<vscale x 8 x i16> %vec, <vscale x 8 x i1> %3, i16* %ptr)
+  ret void
+}
+
 declare <vscale x 4 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv4i1(<vscale x 16 x i1>)
+declare <vscale x 8 x i1> @llvm.aarch64.sve.convert.from.svbool.nxv8i1(<vscale x 16 x i1>)
+
+declare <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv4i1(<vscale x 4 x i1>)
+declare <vscale x 16 x i1> @llvm.aarch64.sve.convert.to.svbool.nxv8i1(<vscale x 8 x i1>)
+
 declare <vscale x 4 x i32> @llvm.aarch64.sve.ld1.nxv4i32(<vscale x 4 x i1>, i32*)
+declare <vscale x 8 x i16> @llvm.aarch64.sve.ld1.nxv8i16(<vscale x 8 x i1>, i16*)
+
+declare <vscale x 4 x i1> @llvm.aarch64.sve.ptrue.nxv4i1(i32)
+declare <vscale x 8 x i1> @llvm.aarch64.sve.ptrue.nxv8i1(i32)
+declare <vscale x 16 x i1> @llvm.aarch64.sve.ptrue.nxv16i1(i32)
+
+declare void @llvm.aarch64.sve.st1.nxv4i32(<vscale x 4 x i32>, <vscale x 4 x i1>, i32*)
+declare void @llvm.aarch64.sve.st1.nxv8i16(<vscale x 8 x i16>, <vscale x 8 x i1>, i16*)
 
 attributes #0 = { "target-features"="+sve" }