diff --git a/llvm/cmake/modules/AddLLVM.cmake b/llvm/cmake/modules/AddLLVM.cmake
--- a/llvm/cmake/modules/AddLLVM.cmake
+++ b/llvm/cmake/modules/AddLLVM.cmake
@@ -1227,7 +1227,7 @@
 
   add_llvm_executable(${name} DISABLE_LLVM_LINK_LLVM_DYLIB ${ARGN})
   set_target_properties(${name} PROPERTIES FOLDER "Utils")
-  if (NOT LLVM_INSTALL_TOOLCHAIN_ONLY)
+  if ( ${name} IN_LIST LLVM_TOOLCHAIN_UTILITIES OR NOT LLVM_INSTALL_TOOLCHAIN_ONLY)
     if (LLVM_INSTALL_UTILS AND LLVM_BUILD_UTILS)
       set(export_to_llvmexports)
       if (${name} IN_LIST LLVM_DISTRIBUTION_COMPONENTS OR