Unprecedented climatic and economic uncertainty, in particular severe drought, calls for management that can preclude some of the costs of reactionary measures for California ranchers. Increasing adaptive capacity has been widely recommended to address such uncertainty. Within this context, holistic management (HM), a decision-making framework marketed for ranchers, is of interest because it emphasizes systems-based thinking, maximizing flexibility and adaptability, ecological monitoring, soil health, and goal setting. Many HM ranchers use adaptive multipaddock (AMP) grazing management, characterized by the combination of moderate to high animal stock densities, fast rotations, pasture rest, iterative monitoring, and adaptive management. We interviewed a small group of AMP-HM ranchers in northern California to 1) examine how their on-the-ground implementation of AMP grazing relates to mental models for rangeland grazing as shaped by HM, including embedded decision-making processes, motivations, barriers, and catalysts; and 2) understand how AMP-HM ranchers believe the strategy helps them respond to increasing challenges. Our findings suggest that first, AMP-HM shifted ranchers' mental models through its emphasis on monitoring combined with increased interaction with land and animals, changing the ways interviewees saw and understood their management. Second, through its decision-making framework and trainings, AMP-HM increased ranchers' agency to operationalize new mental models. Together, these two facets culminated in a common suite of strategies that interviewees viewed as key to ranching profitably and sustainably. These include building flexibility into herd sizes and structures to increase temporal and spatial mobility, diversifying ranch enterprises to increase financial flexibility, building soil health, and reducing input costs—all of which have been recommended in rangeland management practices for decades. These findings suggest that AMP-HM, as an integrated package of rangeland management and decision-making practices, accompanied by education and training, may hold promise in helping ranchers strengthen their adaptive capacity and cope with uncertainty.