Modern JVM/JIT compilers have removed the performance hit of most of the traditionally "slow" operations, including instanceof, exception handling, reflection, etc.
As Donald Knuth wrote, "We should forget about small efficiencies, say about 97% of the time: premature optimization is the root of all evil." The performance of instanceof probably won't be an issue, so don't waste your time coming up with exotic workarounds until you're sure that's the problem.