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Magnetic bit holder. Hex. shank: 6.35mm (1/4'). Length: 75mm. Packaging: Bulk. Application: The bit holder is used with all hex shank 6.35mm bits. The bit holder features a. magnet to keep the bit in place and to assist with holding screws when. screwdriving. The shank is compatible with the Snap-it! Quick change connectors: TZ AC33A - Snap-it! Quick change connector. TZ AC33B - Snap-it! Quick change connector.