Abstract: An adjustable holder comprising in combination a hollow housing having three slots formed on a top surface thereof and four depending side edges. Three cup grippers extend from a respective one of the three slots for gripping a cup on the top surface of the hollow housing. Each cup grippers are movable by way of a respective one of the three gearing assemblies located within the housing. One of the three gearing assemblies is controlled by the operator of the cup holder via a control knob extending from one of the side edges of the housing. Such gearing assembly that is controlled by the operator is referred to as the master gearing assembly.