diff --git a/src/xenia/gpu/d3d12/d3d12_command_processor.cc b/src/xenia/gpu/d3d12/d3d12_command_processor.cc
index b869513bc..9e549d19b 100644
--- a/src/xenia/gpu/d3d12/d3d12_command_processor.cc
+++ b/src/xenia/gpu/d3d12/d3d12_command_processor.cc
@@ -862,6 +862,13 @@ bool D3D12CommandProcessor::SetupContext() {
         draw_resolution_scale_x, draw_resolution_scale_y);
   }
 
+  shared_memory_ =
+      std::make_unique<D3D12SharedMemory>(*this, *memory_, trace_writer_);
+  if (!shared_memory_->Initialize()) {
+    XELOGE("Failed to initialize shared memory");
+    return false;
+  }
+
   // Initialize the render target cache before configuring binding - need to
   // know if using rasterizer-ordered views for the bindless root signature.
   render_target_cache_ = std::make_unique<D3D12RenderTargetCache>(
@@ -1144,13 +1151,6 @@ bool D3D12CommandProcessor::SetupContext() {
     }
   }
 
-  shared_memory_ =
-      std::make_unique<D3D12SharedMemory>(*this, *memory_, trace_writer_);
-  if (!shared_memory_->Initialize()) {
-    XELOGE("Failed to initialize shared memory");
-    return false;
-  }
-
   primitive_processor_ = std::make_unique<D3D12PrimitiveProcessor>(
       *register_file_, *memory_, trace_writer_, *shared_memory_, *this);
   if (!primitive_processor_->Initialize()) {
@@ -1615,13 +1615,11 @@ void D3D12CommandProcessor::ShutdownContext() {
   gamma_ramp_upload_buffer_.Reset();
   gamma_ramp_buffer_.Reset();
 
-  pipeline_cache_.reset();
-
   texture_cache_.reset();
 
-  primitive_processor_.reset();
+  pipeline_cache_.reset();
 
-  shared_memory_.reset();
+  primitive_processor_.reset();
 
   // Shut down binding - bindless descriptors may be owned by subsystems like
   // the texture cache.
@@ -1654,6 +1652,8 @@ void D3D12CommandProcessor::ShutdownContext() {
 
   render_target_cache_.reset();
 
+  shared_memory_.reset();
+
   deferred_command_list_.Reset();
   ui::d3d12::util::ReleaseAndNull(command_list_1_);
   ui::d3d12::util::ReleaseAndNull(command_list_);
@@ -2787,10 +2787,10 @@ void D3D12CommandProcessor::CheckSubmissionFence(uint64_t await_submission) {
 
   shared_memory_->CompletedSubmissionUpdated();
 
-  primitive_processor_->CompletedSubmissionUpdated();
-
   render_target_cache_->CompletedSubmissionUpdated();
 
+  primitive_processor_->CompletedSubmissionUpdated();
+
   texture_cache_->CompletedSubmissionUpdated(submission_completed_);
 }
 
@@ -2870,10 +2870,10 @@ bool D3D12CommandProcessor::BeginSubmission(bool is_guest_command) {
     }
     primitive_topology_ = D3D_PRIMITIVE_TOPOLOGY_UNDEFINED;
 
-    primitive_processor_->BeginSubmission();
-
     render_target_cache_->BeginSubmission();
 
+    primitive_processor_->BeginSubmission();
+
     texture_cache_->BeginSubmission(submission_current_);
   }
 
@@ -3043,12 +3043,10 @@ bool D3D12CommandProcessor::EndSubmission(bool is_swap) {
       }
       constant_buffer_pool_->ClearCache();
 
-      pipeline_cache_->ClearCache();
-
-      render_target_cache_->ClearCache();
-
       texture_cache_->ClearCache();
 
+      pipeline_cache_->ClearCache();
+
       for (auto it : root_signatures_bindful_) {
         it.second->Release();
       }
@@ -3056,6 +3054,8 @@ bool D3D12CommandProcessor::EndSubmission(bool is_swap) {
 
       primitive_processor_->ClearCache();
 
+      render_target_cache_->ClearCache();
+
       shared_memory_->ClearCache();
     }
   }
diff --git a/src/xenia/gpu/d3d12/d3d12_command_processor.h b/src/xenia/gpu/d3d12/d3d12_command_processor.h
index e9cefb337..0b1e8fa53 100644
--- a/src/xenia/gpu/d3d12/d3d12_command_processor.h
+++ b/src/xenia/gpu/d3d12/d3d12_command_processor.h
@@ -427,6 +427,8 @@ class D3D12CommandProcessor : public CommandProcessor {
   // of UpdateBindings time, and that's outside the emulator's control even).
   bool bindless_resources_used_ = false;
 
+  std::unique_ptr<D3D12SharedMemory> shared_memory_;
+
   std::unique_ptr<D3D12RenderTargetCache> render_target_cache_;
 
   std::unique_ptr<ui::d3d12::D3D12UploadBufferPool> constant_buffer_pool_;
@@ -491,8 +493,6 @@ class D3D12CommandProcessor : public CommandProcessor {
   ID3D12RootSignature* root_signature_bindless_vs_ = nullptr;
   ID3D12RootSignature* root_signature_bindless_ds_ = nullptr;
 
-  std::unique_ptr<D3D12SharedMemory> shared_memory_;
-
   std::unique_ptr<D3D12PrimitiveProcessor> primitive_processor_;
 
   std::unique_ptr<PipelineCache> pipeline_cache_;