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Holder was traded from the Phillies to the Reds on Saturday, Jeff Passan of ESPN.com reports.
Holder, a first-round pick by the Yankees in 2015, was selected by Philadelphia in the Rule 5 draft last month. The 26-year-old has yet to play above Double-A, but he should have a better path toward major-league playing time in Cincinnati, especially after the Phillies re-signed Didi Gregorius on Saturday. If the Reds don't acquire a veteran shortstop ahead of the 2021 season, Holder could compete for the starting job in the big leagues during spring training.
