It’s odd that when Apple made the iPad Pro smart cover, they didn’t include somewhere to keep the Pencil. I’ve been using a Zugu case to get around this, but it’s rather big and bulky, and the adjustable velcro stand no longer holds it. Velcro only lasts so long.
Next, I tried a Moko Pencil holder with the smart cover, but it restricted movement of the cover. Also the little press-stud to secure it felt a bit old-school in a bad way.
Instead, I realised that the self-adhesive pen loop that Leuchturm sell is ideal. I have one of these on all my notebooks, and for just £2.50, my smart cover now holds the Pencil really securely. Love a cheap solution!