diff --git a/packages/react-devtools-extensions/src/main.js b/packages/react-devtools-extensions/src/main.js
index f8d24a72118e5..4670e9a53fce3 100644
--- a/packages/react-devtools-extensions/src/main.js
+++ b/packages/react-devtools-extensions/src/main.js
@@ -287,6 +287,9 @@ function createPanelIfReactLoaded() {
           };
         }
 
+        const hookNamesModuleLoaderFunction = () =>
+          import('react-devtools-shared/src/hooks/parseHookNames');
+
         root = createRoot(document.createElement('div'));
 
         render = (overrideTab = mostRecentOverrideTab) => {
@@ -298,6 +301,7 @@ function createPanelIfReactLoaded() {
               componentsPortalContainer,
               enabledInspectedElementContextMenu: true,
               fetchFileWithCaching,
+              hookNamesModuleLoaderFunction,
               overrideTab,
               profilerPortalContainer,
               showTabBar: false,
diff --git a/packages/react-devtools-inline/hookNames.js b/packages/react-devtools-inline/hookNames.js
new file mode 100644
index 0000000000000..6a319e2de30b5
--- /dev/null
+++ b/packages/react-devtools-inline/hookNames.js
@@ -0,0 +1 @@
+module.exports = require('./dist/hookNames');
diff --git a/packages/react-devtools-inline/src/hookNames.js b/packages/react-devtools-inline/src/hookNames.js
new file mode 100644
index 0000000000000..e70424bcdaca3
--- /dev/null
+++ b/packages/react-devtools-inline/src/hookNames.js
@@ -0,0 +1,15 @@
+/** @flow */
+
+import {
+  parseHookNames,
+  parseSourceAndMetadata,
+  prefetchSourceFiles,
+  purgeCachedMetadata,
+} from 'react-devtools-shared/src/hooks/parseHookNames';
+
+export {
+  parseHookNames,
+  parseSourceAndMetadata,
+  prefetchSourceFiles,
+  purgeCachedMetadata,
+};
diff --git a/packages/react-devtools-inline/webpack.config.js b/packages/react-devtools-inline/webpack.config.js
index 17b008c452d88..bc38a8792e4c4 100644
--- a/packages/react-devtools-inline/webpack.config.js
+++ b/packages/react-devtools-inline/webpack.config.js
@@ -37,6 +37,7 @@ module.exports = {
   entry: {
     backend: './src/backend.js',
     frontend: './src/frontend.js',
+    hookNames: './src/hookNames.js',
   },
   output: {
     path: __dirname + '/dist',
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/FetchFileWithCachingContext.js b/packages/react-devtools-shared/src/devtools/views/Components/FetchFileWithCachingContext.js
index 210a3ec83239b..4647ebe9bf76b 100644
--- a/packages/react-devtools-shared/src/devtools/views/Components/FetchFileWithCachingContext.js
+++ b/packages/react-devtools-shared/src/devtools/views/Components/FetchFileWithCachingContext.js
@@ -1,4 +1,11 @@
-// @flow
+/**
+ * Copyright (c) Facebook, Inc. and its affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @flow
+ */
 
 import {createContext} from 'react';
 
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext.js b/packages/react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext.js
new file mode 100644
index 0000000000000..a42bc4c7c030e
--- /dev/null
+++ b/packages/react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext.js
@@ -0,0 +1,21 @@
+/**
+ * Copyright (c) Facebook, Inc. and its affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @flow
+ */
+
+import type {Thenable} from 'shared/ReactTypes';
+
+import {createContext} from 'react';
+import typeof * as ParseHookNamesModule from 'react-devtools-shared/src/hooks/parseHookNames';
+
+export type HookNamesModuleLoaderFunction = () => Thenable<ParseHookNamesModule>;
+export type Context = HookNamesModuleLoaderFunction | null;
+
+const HookNamesModuleLoaderContext = createContext<Context>(null);
+HookNamesModuleLoaderContext.displayName = 'HookNamesModuleLoaderContext';
+
+export default HookNamesModuleLoaderContext;
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementContext.js b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementContext.js
index c5ab69ada2264..54b15698614b9 100644
--- a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementContext.js
+++ b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementContext.js
@@ -32,6 +32,7 @@ import {
 } from 'react-devtools-shared/src/hookNamesCache';
 import {loadModule} from 'react-devtools-shared/src/dynamicImportCache';
 import FetchFileWithCachingContext from 'react-devtools-shared/src/devtools/views/Components/FetchFileWithCachingContext';
+import HookNamesModuleLoaderContext from 'react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext';
 import {SettingsContext} from '../Settings/SettingsContext';
 import {enableNamedHooksFeature} from 'react-devtools-feature-flags';
 
@@ -60,13 +61,6 @@ export const InspectedElementContext = createContext<Context>(
 
 const POLL_INTERVAL = 1000;
 
-// parseHookNames has a lot of code.
-// Embedding it into a build makes the build large.
-// This component uses Suspense to lazily import() it only if the feature will be used.
-function loadHookNamesModuleLoaderFunction() {
-  return import('react-devtools-shared/src/hooks/parseHookNames');
-}
-
 export type Props = {|
   children: ReactNodeList,
 |};
@@ -78,6 +72,11 @@ export function InspectedElementContextController({children}: Props) {
   const store = useContext(StoreContext);
   const {parseHookNames: parseHookNamesByDefault} = useContext(SettingsContext);
 
+  // parseHookNames has a lot of code.
+  // Embedding it into a build makes the build large.
+  // This function enables DevTools to make use of Suspense to lazily import() it only if the feature will be used.
+  const hookNamesModuleLoader = useContext(HookNamesModuleLoaderContext);
+
   const refresh = useCacheRefresh();
 
   // Temporarily stores most recently-inspected (hydrated) path.
@@ -127,31 +126,31 @@ export function InspectedElementContextController({children}: Props) {
     inspectedElement = inspectElement(element, state.path, store, bridge);
 
     if (enableNamedHooksFeature) {
-      if (parseHookNames || alreadyLoadedHookNames) {
-        const loadHookNamesModule = loadModule(
-          loadHookNamesModuleLoaderFunction,
-        );
-        if (loadHookNamesModule !== null) {
-          const {
-            parseHookNames: loadHookNamesFunction,
-            prefetchSourceFiles,
-            purgeCachedMetadata,
-          } = loadHookNamesModule;
+      if (typeof hookNamesModuleLoader === 'function') {
+        if (parseHookNames || alreadyLoadedHookNames) {
+          const hookNamesModule = loadModule(hookNamesModuleLoader);
+          if (hookNamesModule !== null) {
+            const {
+              parseHookNames: loadHookNamesFunction,
+              prefetchSourceFiles,
+              purgeCachedMetadata,
+            } = hookNamesModule;
 
-          purgeCachedMetadataRef.current = purgeCachedMetadata;
-          prefetchSourceFilesRef.current = prefetchSourceFiles;
+            purgeCachedMetadataRef.current = purgeCachedMetadata;
+            prefetchSourceFilesRef.current = prefetchSourceFiles;
 
-          if (
-            inspectedElement !== null &&
-            inspectedElement.hooks !== null &&
-            loadHookNamesFunction !== null
-          ) {
-            hookNames = loadHookNames(
-              element,
-              inspectedElement.hooks,
-              loadHookNamesFunction,
-              fetchFileWithCaching,
-            );
+            if (
+              inspectedElement !== null &&
+              inspectedElement.hooks !== null &&
+              loadHookNamesFunction !== null
+            ) {
+              hookNames = loadHookNames(
+                element,
+                inspectedElement.hooks,
+                loadHookNamesFunction,
+                fetchFileWithCaching,
+              );
+            }
           }
         }
       }
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementHooksTree.js b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementHooksTree.js
index 2a9d8ef2f7588..fb80b0152968e 100644
--- a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementHooksTree.js
+++ b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementHooksTree.js
@@ -26,6 +26,7 @@ import {
   enableNamedHooksFeature,
   enableProfilerChangedHookIndices,
 } from 'react-devtools-feature-flags';
+import HookNamesModuleLoaderContext from 'react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext';
 
 import type {InspectedElement} from './types';
 import type {HooksNode, HooksTree} from 'react-debug-tools/src/ReactDebugHooks';
@@ -65,6 +66,8 @@ export function InspectedElementHooksTree({
     toggleParseHookNames();
   };
 
+  const hookNamesModuleLoader = useContext(HookNamesModuleLoaderContext);
+
   const hookParsingFailed = parseHookNames && hookNames === null;
 
   let toggleTitle;
@@ -85,16 +88,18 @@ export function InspectedElementHooksTree({
       <div className={styles.HooksTreeView}>
         <div className={styles.HeaderRow}>
           <div className={styles.Header}>hooks</div>
-          {enableNamedHooksFeature && (!parseHookNames || hookParsingFailed) && (
-            <Toggle
-              className={hookParsingFailed ? styles.ToggleError : null}
-              isChecked={parseHookNamesOptimistic}
-              isDisabled={parseHookNamesOptimistic || hookParsingFailed}
-              onChange={handleChange}
-              title={toggleTitle}>
-              <ButtonIcon type="parse-hook-names" />
-            </Toggle>
-          )}
+          {enableNamedHooksFeature &&
+            typeof hookNamesModuleLoader === 'function' &&
+            (!parseHookNames || hookParsingFailed) && (
+              <Toggle
+                className={hookParsingFailed ? styles.ToggleError : null}
+                isChecked={parseHookNamesOptimistic}
+                isDisabled={parseHookNamesOptimistic || hookParsingFailed}
+                onChange={handleChange}
+                title={toggleTitle}>
+                <ButtonIcon type="parse-hook-names" />
+              </Toggle>
+            )}
           <Button onClick={handleCopy} title="Copy to clipboard">
             <ButtonIcon type="copy" />
           </Button>
diff --git a/packages/react-devtools-shared/src/devtools/views/DevTools.js b/packages/react-devtools-shared/src/devtools/views/DevTools.js
index f3507afaf4c97..5b5dfbfa02bee 100644
--- a/packages/react-devtools-shared/src/devtools/views/DevTools.js
+++ b/packages/react-devtools-shared/src/devtools/views/DevTools.js
@@ -28,6 +28,7 @@ import {SettingsContextController} from './Settings/SettingsContext';
 import {TreeContextController} from './Components/TreeContext';
 import ViewElementSourceContext from './Components/ViewElementSourceContext';
 import FetchFileWithCachingContext from './Components/FetchFileWithCachingContext';
+import HookNamesModuleLoaderContext from 'react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext';
 import {ProfilerContextController} from './Profiler/ProfilerContext';
 import {SchedulingProfilerContextController} from 'react-devtools-scheduling-profiler/src/SchedulingProfilerContext';
 import {ModalDialogContextController} from './ModalDialog';
@@ -42,12 +43,10 @@ import styles from './DevTools.css';
 
 import './root.css';
 
-import type {HooksTree} from 'react-debug-tools/src/ReactDebugHooks';
 import type {InspectedElement} from 'react-devtools-shared/src/devtools/views/Components/types';
 import type {FetchFileWithCaching} from './Components/FetchFileWithCachingContext';
+import type {HookNamesModuleLoaderFunction} from 'react-devtools-shared/src/devtools/views/Components/HookNamesModuleLoaderContext';
 import type {FrontendBridge} from 'react-devtools-shared/src/bridge';
-import type {HookNames} from 'react-devtools-shared/src/types';
-import type {Thenable} from '../cache';
 
 export type BrowserTheme = 'dark' | 'light';
 export type TabID = 'components' | 'profiler';
@@ -56,9 +55,6 @@ export type ViewElementSource = (
   id: number,
   inspectedElement: InspectedElement,
 ) => void;
-export type LoadHookNamesFunction = (
-  hooksTree: HooksTree,
-) => Thenable<HookNames>;
 export type ViewAttributeSource = (
   id: number,
   path: Array<string | number>,
@@ -102,6 +98,7 @@ export type Props = {|
   // and extracts hook "names" based on the variables the hook return values get assigned to.
   // Not every DevTools build can load source maps, so this property is optional.
   fetchFileWithCaching?: ?FetchFileWithCaching,
+  hookNamesModuleLoaderFunction?: ?HookNamesModuleLoaderFunction,
 |};
 
 const componentsTab = {
@@ -127,6 +124,7 @@ export default function DevTools({
   defaultTab = 'components',
   enabledInspectedElementContextMenu = false,
   fetchFileWithCaching,
+  hookNamesModuleLoaderFunction,
   overrideTab,
   profilerPortalContainer,
   showTabBar = false,
@@ -244,52 +242,55 @@ export default function DevTools({
                 componentsPortalContainer={componentsPortalContainer}
                 profilerPortalContainer={profilerPortalContainer}>
                 <ViewElementSourceContext.Provider value={viewElementSource}>
-                  <FetchFileWithCachingContext.Provider
-                    value={fetchFileWithCaching || null}>
-                    <TreeContextController>
-                      <ProfilerContextController>
-                        <SchedulingProfilerContextController>
-                          <ThemeProvider>
-                            <div
-                              className={styles.DevTools}
-                              ref={devToolsRef}
-                              data-react-devtools-portal-root={true}>
-                              {showTabBar && (
-                                <div className={styles.TabBar}>
-                                  <ReactLogo />
-                                  <span className={styles.DevToolsVersion}>
-                                    {process.env.DEVTOOLS_VERSION}
-                                  </span>
-                                  <div className={styles.Spacer} />
-                                  <TabBar
-                                    currentTab={tab}
-                                    id="DevTools"
-                                    selectTab={setTab}
-                                    tabs={tabs}
-                                    type="navigation"
+                  <HookNamesModuleLoaderContext.Provider
+                    value={hookNamesModuleLoaderFunction || null}>
+                    <FetchFileWithCachingContext.Provider
+                      value={fetchFileWithCaching || null}>
+                      <TreeContextController>
+                        <ProfilerContextController>
+                          <SchedulingProfilerContextController>
+                            <ThemeProvider>
+                              <div
+                                className={styles.DevTools}
+                                ref={devToolsRef}
+                                data-react-devtools-portal-root={true}>
+                                {showTabBar && (
+                                  <div className={styles.TabBar}>
+                                    <ReactLogo />
+                                    <span className={styles.DevToolsVersion}>
+                                      {process.env.DEVTOOLS_VERSION}
+                                    </span>
+                                    <div className={styles.Spacer} />
+                                    <TabBar
+                                      currentTab={tab}
+                                      id="DevTools"
+                                      selectTab={setTab}
+                                      tabs={tabs}
+                                      type="navigation"
+                                    />
+                                  </div>
+                                )}
+                                <div
+                                  className={styles.TabContent}
+                                  hidden={tab !== 'components'}>
+                                  <Components
+                                    portalContainer={componentsPortalContainer}
+                                  />
+                                </div>
+                                <div
+                                  className={styles.TabContent}
+                                  hidden={tab !== 'profiler'}>
+                                  <Profiler
+                                    portalContainer={profilerPortalContainer}
                                   />
                                 </div>
-                              )}
-                              <div
-                                className={styles.TabContent}
-                                hidden={tab !== 'components'}>
-                                <Components
-                                  portalContainer={componentsPortalContainer}
-                                />
-                              </div>
-                              <div
-                                className={styles.TabContent}
-                                hidden={tab !== 'profiler'}>
-                                <Profiler
-                                  portalContainer={profilerPortalContainer}
-                                />
                               </div>
-                            </div>
-                          </ThemeProvider>
-                        </SchedulingProfilerContextController>
-                      </ProfilerContextController>
-                    </TreeContextController>
-                  </FetchFileWithCachingContext.Provider>
+                            </ThemeProvider>
+                          </SchedulingProfilerContextController>
+                        </ProfilerContextController>
+                      </TreeContextController>
+                    </FetchFileWithCachingContext.Provider>
+                  </HookNamesModuleLoaderContext.Provider>
                 </ViewElementSourceContext.Provider>
               </SettingsContextController>
               <UnsupportedBridgeProtocolDialog />
diff --git a/packages/react-devtools-shell/src/devtools.js b/packages/react-devtools-shell/src/devtools.js
index fda4c91b74ffe..8b172825357ec 100644
--- a/packages/react-devtools-shell/src/devtools.js
+++ b/packages/react-devtools-shell/src/devtools.js
@@ -10,6 +10,10 @@ import {
 import {initialize as initializeFrontend} from 'react-devtools-inline/frontend';
 import {initDevTools} from 'react-devtools-shared/src/devtools';
 
+// This is a pretty gross hack to make the runtime loaded named-hooks-code work.
+// $FlowFixMe
+__webpack_public_path__ = '/dist/'; // eslint-disable-line no-undef
+
 const iframe = ((document.getElementById('target'): any): HTMLIFrameElement);
 
 const {contentDocument, contentWindow} = iframe;
@@ -50,6 +54,10 @@ mountButton.addEventListener('click', function() {
   }
 });
 
+function hookNamesModuleLoaderFunction() {
+  return import('react-devtools-inline/hookNames');
+}
+
 inject('dist/app.js', () => {
   initDevTools({
     connect(cb) {
@@ -58,6 +66,7 @@ inject('dist/app.js', () => {
         createElement(DevTools, {
           browserTheme: 'light',
           enabledInspectedElementContextMenu: true,
+          hookNamesModuleLoaderFunction,
           showTabBar: true,
           warnIfLegacyBackendDetected: true,
           warnIfUnsupportedVersionDetected: true,