A computer-implemented method, system, and computer program product for performing object collocation on a computer system are provided. The method includes analyzing a sequence of computer instructions for object allocations and uses of the allocated objects. The method further includes creating an allocation interference graph of object allocation nodes with edges indicating pairs of allocations to be omitted from collocation. The method also includes coloring the allocation interference graph such that adjacent nodes are assigned different colors, and creating an object allocation at a program point prior to allocations of a selected color from the allocation interference graph. The method additionally includes storing an address associated with the created object allocation in a collocation pointer, and replacing a use of each allocation of the selected color with a use of the collocation pointer to collocate multiple objects.