A tool holder is described. The tool holder can include a main panel having a front side and a plurality of sleeves extending from the front side and forming openings. The plurality of sleeves can include a first sleeve component forming peaks and valleys and a second sleeve component coupled to the first sleeve component at coupling points. At least one primary opening can be formed between the main panel and the first sleeve component between adjacent valleys and at least one secondary opening can be formed between the second sleeve component and the first sleeve component between adjacent peaks. A tool can be received through each opening and stored in the tool holder.