diff --git a/lib/actions/holder-actions.js b/lib/actions/holder-actions.js
--- a/lib/actions/holder-actions.js
+++ b/lib/actions/holder-actions.js
@@ -137,10 +137,13 @@
   const identityContext = React.useContext(IdentityClientContext);
   const getAuthMetadata = identityContext?.getAuthMetadata;
 
-  const holdersToRemove = useSelector(state =>
-    Object.entries(state.holderStore.storedHolders)
-      .filter(([, holderInfo]) => holderInfo.status !== 'PENDING_REMOVAL')
-      .map(([blobHash, { holder }]) => ({ blobHash, holder })),
+  const storedHolders = useSelector(state => state.holderStore.storedHolders);
+  const holdersToRemove = React.useMemo(
+    () =>
+      Object.entries(storedHolders)
+        .filter(([, holderInfo]) => holderInfo.status !== 'PENDING_REMOVAL')
+        .map(([blobHash, { holder }]) => ({ blobHash, holder })),
+    [storedHolders],
   );
 
   return React.useCallback(async () => {