A hex key holder for storing a selection of hex keys in an organized manner while allowing easy access to the individual hex keys. The hex key holder provides a ready means to affix the hex key caddy to a surface via magnets. The magnetic bond allowing convenient positioning and allowing hex keys to be easily inserted or removed from the hex holder with a single hand. The hex key holder is configured for ease of manufacture in high volumes. The magnets provide a ready means to positively affix the key holder onto a horizontal surface, vertical surface, or other angled surface.