Mauna Loa volcano erupts crystal-poor material at its summit and more crystal-rich material on its rift zones. Some of the more olivine-rich lava flows contain xenoliths with diverse mineralogy, including cumulate harzburgites with high-Mg# orthopyroxenes and high-Fo olivines (both > 84). Previous experimental work and thermodynamic modelling has proposed that high-Mg# orthopyroxenes only crystallize from Mauna Loa melts at high pressures (> 6 kbar, > 20 km), leading to suggestions that there is a region of sub-Moho magma storage at Mauna Loa in addition to the geophysically imaged magma reservoir at 2–5 km depth below the summit. We use melt and fluid inclusion barometry combined with thermodynamic models to further investigate this suggestion. Fluid inclusion data from harzburgites and dunitic xenoliths yield storage depths remarkably similar to those found in non-xenolithic crystals from lavas and tephras, with a clear peak at ~ 2–3 km (below the summit). Depths from melt inclusions in these xenoliths overlap with fluid inclusion pressures, ruling out the possibility of fluid inclusion re-equilibration during a period of stalling in a shallower reservoir. We examine five different thermodynamic models and find that the minimum pressure of olivine-orthopyroxene co-saturation varies by ~ 4 kbar (~ 12 km). These models also fail to predict that orthopyroxene is stable in ~ 15–80% of compositionally relevant experimental charges which grew orthopyroxene. Overall, this shows that phase stability modelling is an unreliable method of determining magma storage depth at Mauna Loa. We suggest that model discrepancies reflect a lack of experimental constraints on orthopyroxene stability at > 1200 ℃ and 0.01–5 kbar. Based on the presence of large oikocrystic orthopyroxenes completely enclosing rounded olivine chadacrysts, we suggest that these harzburgitic xenoliths formed through the reaction of intruding melts with olivine mush piles within the Mauna Loa edifice at ~ 3 km depth below the summit, with no need for a deeper storage reservoir. The predominance of pre-eruptive shallow storage means that there is more chance of detecting reservoir destabilization with geophysical monitoring techniques compared to a scenario where melts are supplied from sub-Moho reservoirs.