Index: llvm/trunk/tools/CMakeLists.txt
===================================================================
--- llvm/trunk/tools/CMakeLists.txt
+++ llvm/trunk/tools/CMakeLists.txt
@@ -25,7 +25,7 @@
   set(LLVM_TOOL_LLVM_JITLISTENER_BUILD Off)
 endif()
 
-if(CYGWIN)
+if(CYGWIN OR NOT LLVM_ENABLE_PIC)
   set(LLVM_TOOL_LTO_BUILD Off)
   set(LLVM_TOOL_LLVM_LTO_BUILD Off)
 endif()